Proven Success Stories At Prodigy Commercial Lending
Prodigy Commercial Lending is a United States-based company that offers loans for both commercial and residential investments. We do this by direct lending which offers a quick and easy way for our customers to access our loans. We accept customers who have been turned down by other lenders as long as the equity of the property is achieved.
At Prodigy Commercial Lending, we offer financing on the specific types of assets mainly real estate based, land, and retails. The borrower receives funds secured by real property.
TYPES OF LOANS OFFERED
We offer to finance to customers who want to fund major capital expenditure in their businesses and to cover the operational cost that the business may not be able to afford.
Residential Real Estate Loans
At Prodigy Commercial Lending, we have been funding residential real estate in the US for over 40 years. With this kind of active experience in financing real estate, we have the confidence that we can offer you a loan that will help you achieve your intended purchase or cash out.
At Prodigy Commercial Lending we embrace direct lending where our customers are in direct communication with us. We are therefore able to make quick decisions on loans compared to others who may require weeks to make a decision. Where there is a complication on the loan needed, we prefer to make a decision as long as there is good equity.
The loan is rated fairly with the value of the property and the income reviewed. We also have brokers and real estate agents who are paid out on referrals, to assist us in the lending process. We recommend high loans ranging from $80,000 to $5,000,000 with the funding done within 7 to 10 days after the appraisal is reviewed.
At Prodigy Lending Company we base our loan ratings on the type of particular property like an apartment, retail, land, warehouse, etc. Other factors include the loan term, the risk assessment, and the financial condition of the person borrowing money. We prefer to give longer loans compared to other lenders who may allow six to eighteen-month loans.
THE EQUITY FINANCING LOANS
Borrowers have problems getting accepted for funding in today’s market. At Prodigy Commercial Lending, we have equity financing or hard money loans. These loans are rated upon the equity that your property or home has in light of the credit rating of the borrower. They do not have any influence on the income of the property. We approve them quickly and funding has done typically within 10 days.
Prodigy Commercial Lending company offers equity financing loans that enable you to solves the immediate problem where other lenders have had complications. We also offer short term loans that will last from one to three years. Our loans rated with real estate equity for both commercial and residential investments. Lender fees, interest rates, and other fees depend on the risk evaluation for each individual loan. Reach us at Prodigy Commercial Lending and get your funding problem solved.We service the following zip codes and surrounding areas:
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