Building Fortunes With Prodigy Commercial Lending
Prodigy Commercial Lending is an equity-based financing company. We work with borrowers, estate agents, and brokers all over the United States. We give hard money loans for both residential as well as a commercial investment.
We offer the best lending services since we are direct lenders who can make quick decisions on loans, unlike others, which may take longer to decide. For you to procure our easy loans, we prefer making the judgment on more complicated loans regardless of how they may be complicated. Our loans are convenient for anyone. We can find a way to make loans if you have a lot of equity. We are happy to help customers that banks have initially turned down their loan requests.
Our lending rates vary depending on the term of the loan, the risk assessment, and the financial condition of the money borrower. The rates will also depend on the type of property (warehouse, commercial, apartments, land, retail, particular purpose, residential, and office buildings). Comparatively, hard money lenders may give borrowers a loan for about six to eighteen months. We prefer to provide longer loans to our borrowers that we can fund within seven to ten days after receiving and reviewing the appraisal. We do loans that range between $ 80,000 and $ 5,000,000
Our loans are equity-based. However, it is not a crucial factor since we’ll review the income. We’ll closely work with you concerning your pavements. We are assets based, and we would like you to know that you can do this. Our company values the brokers, and we’ll pay out several thousand monthly referral fees to our real estate agents and our brokers.
OUR PROVEN SUCCESS
We are an experienced money lending company with over 40 years of existence. For the many years of operation, we’ve been investing in both residential estates besides commercials. Based on our experience, we’re confident we can meet your financial needs by offering you a loan to help you move ahead with your cash out or purchase.
Equity Financing May Be The Best Answer For You
Nowadays, many borrowers find it difficult to be approved for financing in the market. In response to the challenge, we provide hard money loans. These loans are given based on the borrower’s property or equity at home instead of your credit-worthiness. The loans are quick, and they are easy to procure. It will only take approximately ten days to be given our loans after the appraisal. We can assist you in making short term loans ranging from 1-3 years.
Equity financing or hard money loans are essential for borrowers to solve their urgent problems. Even if you’ve already turned down somewhere, you will still have an alternative to move forward. Our loans use real estate equity as collateral for both residential as well as commercial investments. The interest rates, lenders fees, and other fees will depend on the risk evaluation for each independent loan provided. Do you need a reliable and quick cash out? Do not hesitate to call us today at Prodigy Commercial Lending!We service the following zip codes and surrounding areas:
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