You’re an entrepreneur with a great idea, but you need funding to get your business off the ground. The banks aren’t budging, no matter how solid your business plan is. What do you do? Don’t despair—there are options beyond traditional bank loans. Hard money lenders like Capital Fund 1 provide fast access to capital without all the red tape of banks.
Hard money loans use the value of collateral like real estate, equipment, or accounts receivable to secure funding quickly. While interest rates are higher, hard money loans have flexible terms and fast approval times, often within a week. Speed and access to capital are crucial when opportunity knocks and time is of the essence.
If you’ve been turned down by banks but see big potential in your startup or expansion plans, hard money loans could be the key to accessing the capital you need. At Capital Fund 1, we understand entrepreneurs and want to see you succeed. Our hard money loans provide fast, flexible funding so you can stop worrying about where your capital will come from and start focusing on growing your business. The future of your company is at stake, so why keep waiting for banks to come around? Take action now with a hard money loan.
What Are Hard Money Loans and How Do They Work?
Hard money loans are private loans funded by private investors, not banks. They’re a fast, flexible way to get capital when you need it.
How Do Hard Money Loans Work?
Hard money lenders evaluate the property or project you want to finance, not your credit or income. If the deal makes sense, they’ll fund the loan. This means hard money loans:
- Close quickly, often in just a few days. No waiting weeks or months for bank approval.
- Are available even with bad credit or an unconventional deal. As long as the property has value, hard money lenders can make it work.
- Provide flexible terms. You can get a hard money loan for 6 months to 5 years, whatever you need to purchase, rehab, or sell a property.
The downsides are higher interest rates and lower loan-to-value ratios, meaning you’ll need to put more money down. But when speed and flexibility matter most, hard money loans fill the gap when traditional financing won’t cut it.
Hard money loans aren’t for everyone, but real estate investors have used them for years to fund deals that would otherwise fall through. If you’ve got an opportunity but need fast, private capital to seize it, hard money lenders may be able to help you access the funds you need. Isn’t your deal worth a quick conversation to find out?
Top 5 Benefits of Hard Money Loans
When you need capital fast for your business, hard money loans from Capital Fund 1 are the way to go. Here are the top 5 benefits of hard money loans:
Speed and Flexibility
Hard money loans can close in as little as 1-2 weeks since they’re underwritten by private lenders, not banks. Capital Fund 1 offers flexible terms from 6-36 months to match your exact needs.
Simple Qualifying
If banks have denied you due to bad credit or short time in business, you still qualify for a hard money loan. Capital Fund 1 considers your property value, not your credit score or financials.
High Loan to Value
Borrow up to 65-75% of your property’s value. Use the funds for purchases, renovations, debt consolidation or business expenses.
Customized Solutions
Loans are tailored to your unique situation. Borrow what you need now and pay interest only until the end of the loan term. Extend your loan or pay it off early with no penalties.
Trusted Lenders
With over 25 years of experience, Capital Fund 1 is a trusted leader in hard money lending. They understand the challenges small business owners face and provide fast, flexible funding to set you up for success.
Conclusion
Hard money loans give you options when banks say no. Capital Fund 1 makes the process fast, easy and customized for your needs so you can access the capital you need to grow your business.
