In Need of Fast Cash Out? Think Prodigy Commercial Lending
Looking for hard money for residential or commercial investment? Look no further. We are a capital- based lender working with real estate agents, brokers, and borrowers across the United States.
Unlike other financial institutions with bottleneck procedures which takes weeks to process loans, ours is a direct lender. Decisions on loans are pretty fast regardless of the complications associated with them. You may have a lot of equity but banks will still turn your loan request down. That’s where we come in, to lend a helping hand.
The type of property determines the tariff. These include apartments, warehouses, retail, land, special purpose, residential, commercial and office buildings. The term of the loan, the risk assessment and your financial conditions are factors we put into consideration. Due to the bureaucracy in the other hard money lenders’ institutions, you will find yourself having to wait for at least six to eighteen months. However, with us, you can expect to get funded 7 to 10 days after the appraisal is received and then reviewed.
Loans given to you are based on equity of your property. Your income is also reviewed, although, it’s not a serious factor. Our aim is to inspire confidence in you as you undertake your project and when making payments. Loans we offer range from $80,000 to amounts as high as $5,000,000. We are an asset-based institution and hence, we understand that the most valuable assets are our workers. Our brokers and real estate agents get monthly payouts for referrals alone.
Prodigy Commercial Lending has been investing in commercial and residential real estate for over 40 years. Our experience over the years is a guarantee that we can offer you that loan you need to get the property you have been dreaming about.
Our reputation precedes us making Prodigy Commercial Lending institution the most sort after for consultancy.
Equity Financing May Be The Answer
At Prodigy Commercial Lenders we understand that the hustle that comes with getting approval for financing in the market today. With this in mind, we came up with equity financing or hard money loans. We offer you loans based on the assets that are within your home or property as a substitute for your creditworthiness. This makes sure that your debt to income ratio is not affected. We appreciate that each project you have has a timeline and, hence, the loans are quickly approved and easily procured. Within 7 to 10 -days your project will be in the offing.
You have probably had a pressing issue and needed hard money to help you solve it. But, it’s not uncommon to get turned down by several financial institutions and if they don’t, it would take forever to get the money. At Prodigy Commercial Lending, we put ourselves in your shoes and respond to your financial need with the urgency it requires. You can get short term loans lasting from one to three years. Our interest rates depend on individual loans risk evaluation.
If you need a quick cash-out, give us a call at Prodigy Commercial Lending today!We service the following zip codes and surrounding areas:
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