What Prodigy Commercial Lending Do
We are money lenders who are equity-based. We work with many people from the real estate agent, brokers to borrowers across the United States. We lend money to both commercial and residential investment loans.
Unlike other lenders who take weeks to make loan decisions, we can make a quick decision since we are direct lenders. These easy loans are open to everyone. If you have a lot of equity we can find a way to make the loan. When banks turn down customers, we love to help with these loans regardless of how complicated they are.
Our rates are determined by the type of property, the term of the loan, the risk assessment, and finally the financial stability of the person borrowing the loan. Unlike other money lenders who give six to eight months loans, we at Prodigy commercial lending we do longer loans that we can easily fund within seven to ten days after the appraisal has been received and reviewed.
Even though we review the borrower’s income, at Prodigy Commercial Lending, a loan is determined by the equity of the borrower’s property. With an asset, we assure you that you can do this. We prefer loans that range from $80,000 to as high as $5,000,000 and we will work with you closely regarding your payback. We acknowledge our brokers and payout referral fees to them as well as our real estate agents. We pay them several thousand every month.
PROVEN SUCCESS
Commercial Loans
For over 40 years Prodigy commercial lending has been investing in commercials and the residential real estate in the state. With all these years of experience, we are certain that we can be of help, with our knowledge in financing real estate we can offer you a loan that can help you move forward with your purchase or cash out.
CONSULTANTS
Equity Financing May Be The Answer
At Prodigy commercial lending we offer equity financing or hard money loans to help the big number of borrowers that have a problem getting approved for financing in today’s market. The creditworthiness fully relies on your property, this never affects your income ratio.
Prodigy commercial lending is quick to approve and give loans, after the appraisal, it takes a maximum of 10 days for the loan to be handed out no matter the amount being given.
Being turned down by other money lenders does not have to be the end of you seeking for solutions, Prodigy commercial lending will provide you with a solution. Our short term loans can last for 2 to 3 years with the option of real estate equity as the collateral for the investment. The risk evaluation done will determine the interest rates and lender’s fees.
If you are in need of a fast and reliable loan, simply contact us, Prodigy commercial lenders are the solution you need.
We service the following zip codes and surrounding areas:View a map of our services areas