ABOUT US
Prodigy Commercial Lending is an equity-based hard money lender for both commercial and residential loans for investment. We work alongside our devoted brokers, real estate managers and borrowers in all the US states.
Prodigy Commercial Lending deals win direct lending which allows for quick decision making on loans unlike others stretch over to weeks. Our ability to make decisions on all manner of loans regardless of the complications allows guarantees, everyone, an even chance. We love working with clients that have been turned down by banks for as long as they a desirable equity portfolio.
Prodigy Commercial Lending’s flexibility varies rates based on the type of property whether it is a high-rise, retail, estate, warehouse, special purpose, dwelling place, business and office block. Other factors include the loan’s term, risk appraisal and financial stability of the borrower. Our preference is for long term loans that are processed within a span of 7-10 days upon review compared to hard money lenders that spread it between 6-18 months only.
The property’s equity simply determines the base of the loan. Income is however not considered as a serious factor. Our interest in assets serves as an assurance that you make it happen regardless of the situation. Furthermore, we walk with you all the way through this payment journey.
Essentially, much of our lending ranges between $80,000 over to $5,000,000. Prodigy Commercial Lending’s brokers and real estate agents are families and this explains where we spend several thousands of referral fees alone on them on a monthly basis.
Demonstrated Success
Our Commercial Loans Financing
Who would not trust 40 years of first-hand experience in real estate financing! Prodigy Commercial Lending is confident enough to offer you a loan that will go a long way in solving your pertinent acquisitions or cash out in both commercial and residential real estate.
Our Advisory Services
Everyone knows the hurdles that borrowers face every day whenever they try to secure funding in today’s’ Money Markets. It is with this in mind, that we at Prodigy Commercial Lending offer equity financing or hard credit loans based on a customer’s equity (home/property) in lieu of their credit score. This does not in any way affect the borrowers’ ratio of income to debt. What’s more, the loans easily approved and have a quick processing time; A typical approval takes about 10 days upon evaluation.
Prodigy Commercial Lending knows too well the importance of hard money loans in sorting out immediate problems, despite being turned away elsewhere. That is why we can still help you process 1-3 years’ short term equity secured loans for business or residential ventures. Interest rates, lending fees, and all other charges are determined by a risk evaluation on a need to need basis and therefore vary from an individual to another.
Feel free to consult Prodigy Commercial Lending for convenient and reliable cash out today!.
We service the following zip codes and surrounding areas:View a map of our services areas