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Hard money is ideal for those commercial real estate investors who see the value of their property as being used as “Collateral” and do not rely on the borrower’s creditworthiness.

Why you should consider a Hard Money Loan:

1. Quick Funding – Hard Money loans can be approved and funded more quickly than traditional loans, which is important to commercial real estate investors who need to secure property quickly.

2. Flexible Terms – In terms of payment terms and collateral requirements Hard Money loans are more flexible since they are funded by private investors.

3. No credit requirements – Hard money lenders are more concerned with the value of the property for collateral than credit scores. So, credit scores are their least concern for approval.

4. Less Paperwork – Hard Money lenders require less paperwork and documentation than traditional lenders, so the application process can be approved quickly.

A Hard Money loan can be useful if you are planning to finance commercial real estate that needs to be done in a short period of time.

Also, Hard Money loans are useful if you need financing through a quick approval and more convenient process especially if you need to fund a project quickly.

That’s why it’s important to discuss it with a private lender that specializes in commercial real estate and help you out with a faster closing time frame.

Century Capital and Hard Money Mobile is a private lender Company that specializes in commercial real estate loans. We are a leading private company that provides commercial real estate loans which can typically be done in two weeks, and a funding commitment issued in 48 hours. You can always reach us at 201-880-7850 ext 102 and send us an email at info@centurycapitalfinance.com / victor@centurycapitalfinance.com

Bridge Loans are widely used in commercial real estate to make down payments for new properties. It typically has a higher interest rate than traditional loans and also higher fees and closing costs due to its short-term nature. However, it is useful for borrowers who need to do it quickly for housing markets.

There are several types of Bridge Loans that are designed for each specific need and here are some of the common types of Bridge Loans:

1. Real Estate Bridge Loans – It is used to finance the purchase of a new property while waiting for the existing property to sell. It is commonly used for those who are engaging in real estate business.

Business Bridge Loans – It is a short-term loan that is used by businesses to cover capital needs or to bridge the gap between rounds of financing.

2. Hard Money Bridge Loans – It is a short-term loan provided by private lenders to typically secure their real estate and other assets.

3. Swing Loans – It is a short-term loan to bridge the gap between the purchase of a new property and selling an existing property.

4. Construction Bridge Loans – It is used to finance construction projects and is typically short-term loans that need to be refinanced once the project is completed, and permanent financing is secured.

5. Purchase Money Bridge Loans – It is used to finance the purchase of the new property while the borrower waits for an existing property to sell. It is typically used in situations wherein the borrower finds a property that they don’t want to lose to another buyer while waiting for their existing property to sell.

Every bridge Loan has its unique features and requirements. Borrowers must carefully consider which type of bridge loan is best for their needs.

At Century Capital we can help you out to bridge your financing needs for your commercial real estate needs, with at least 2 weeks closing ratio, and can give you a loan commitment within 48 hours reach us at https://lnkd.in/gQEY6JxT for faster transactions you can always contact us at 201-880-7850 ext 102 or email us at victor@centurycapitalfinance.com and info@centurycapitalfinance.com

The FDIC appointed Deposit Insurance National Bank of Santa Clara to serve as a Bridge Bank to help customers provide some access to certain deposit accounts, and for the liquidation of SVB.

If a bank that specializes in commercial real estate such as SBV were to collapse, it would create an impact throughout commercial real estate financing.

The SBV collapses as a major lender could reduce the availability of credit and increase the cost of borrowing for commercial real estate projects.

Making it difficult for developers to secure financing for new commercial property projects, which would lead to an effect on commercial property financing.

Since the SBV collapses, there will be possible interest hikes for commercial real estate financing.

It would also lead to a decrease in demand for commercial real estate due to a slowdown in economic activity.

On the other hand, other private lenders can make an opportunity to bridge the gap left by SVB which will lead to increased competition in the commercial real estate lending market and would potentially make lower interest rates,

which could help to stimulate the demand for commercial property financing

With our 30 years of experience, Century Capital can help commercial real estate investors to bridge a gap if there’s a risk for your commercial properties, with our expertise we guarantee you to give the best possible for your commercial real estate needs.

You may reach Victor directly at 201-880-7850 ext 102 and email us at victor@centurycapitalfinance.com

Also, some of the major banks in the US collapsed which will create an impact on businesses that can affect commercial real estate businesses.

Commercial lending institutions will become tighter in lending terms for businesses such as commercial real estate.

But this economic crisis can also be seen as the future growth for some commercial lenders and here are the advantages of commercial lending that can emerge in this kind of situation such as:

1. Asset prices may drop during the financial crisis, which could result in lower valuations for businesses and make it easier to obtain financing at more favorable terms. It’s best to consult a private lender specializing in commercial property lending.

2. There may be opportunities for long-term growth for some businesses, as weak businesses exit the market.

Commercial lenders may develop new and innovative lending strategies to meet the needs of the businesses. Like Hard Money loans, Bridge loans, or other alternative financing solutions.

3. Governments and central banks may inject liquidity in the market, which makes it easier for commercial lenders to obtain financing for commercial property businesses.

Overall, the financial crisis can be challenging for the commercial lending industry. It’s better to take advantage of all the possible benefits of commercial loans which could help businesses to continue their commercial property operations or to continue their ongoing development project which can help the economy regain.

Asset-based lending such as Hard Money loans can help more commercial real estate businesses continue their operations despite the Financial crisis that is happening because it is backed by collateral such as commercial property.

That’s why it’s important to consult with a private lender specializing in commercial lending with over 30 years in the business. With the fast closing of as short as 2 weeks, you can also get your funds in just 48 hours! Century Capital will definitely be here to provide you with the best service. Contact Century Capital /Victor Cohen at 201-880-7850 ext 102 or send an email at victor@centurycapitalfinance.com

Commercial lending can be done in different financial institutions such as banks, credit unions, or other financial institutions such as private lenders specializing in commercial lending. It typically involves the evaluation of the value of the property and uses it as collateral.

There are types of Commercial loans that are available to support business and here are the common types such as:

Term Loans – This type of loan provides a fixed amount of money upfront, that can be repaid over a set period of time. It is commonly used to require non-current assets such as commercial real estate.

Lines of Credit – These loans provide access to a set amount of funds that can be borrowed ahead of time and can be repaid over a period of time. It is usually needed for any unexpected or short-term expense.

Hard Money Loans – It is a short-term loan financed by a private lender, it is used to purchase a commercial property. They usually evaluate the value or property and use it as collateral.

SBA Loans – This type of loan is backed by the government. There are several types of SBA loans such as 7(a) loans, CDC/504 loans, and microloans. SBA provides a loan for commercial programs.

Bridge Loans – A short-term loan to bridge a gap until the borrower secures more permanent financing.

Overall, these types of loans are varied depending on the needs of the borrower, and also the borrower’s creditworthiness, and the value of the property.

A private lender that specializes in commercial real estate businesses will help you which the best type of commercial loan for your needs.

It’s always best to consult with a lender that specializes in commercial real estate lending. With the fast closing rate of as long as 2 weeks and you can get your funds in just 48 hours! Century Capital will definitely be here to provide you with the best services. To know everything about Century Capital Partners LLC Reach Victor Cohen at 201-880-7850 ext 102 or send an email to victor@centurycapitalfinance.com.