About Us
Prodigy Commercial Lending is a direct equity-based hard money lender for commercial investment loans and residential investment loans. Across the United States, we work with brokers, borrowers, and real estate agents. We employ direct lending, a method that has given us the ability to shorten our decision-making process and issue loans to our clients within a short span of time. Anyone can be eligible to access our loans and decisions on more complicated loans are still made basing on the equity in a clients’ possession. We love working with clients that have had no success to get a loan with banks and other financial entities. When we give these loans, rates are applied with respect to the type of property say apartments, land, retail, warehouses, commercial or office buildings. The term of the loan is another factor that determines how the rate is applied. Inevitably, the financial muscle of the borrower and the risk assessment will also determine the applicable rates. Approving long period loans, for instance, loans with repayment periods of up to three years in less than 10 days make us different from the other hard money lenders as the reception of the appraisal and review are done and funding follows shortly after at most 10 days. Loans are founded on the equity of the property. A clients’ income is reviewed but assets are the ones we base on strictly and thoroughly. With the clients’ commitment, Prodigy Commercial Lending provides support closely concerning repayment of these loans. Giving loans as high as $5 million allows us to motivate our brokers and real estate agents to keep making referrals and earn several thousand on a monthly basis.
PROVEN SUCCESS
Commercial Loans
Prodigy Commercial Lending has invested in commercial and residential real estate for close to half a century and the experience we possess keeps us confident that having you work with us will see you realize your financial stability by growing and developing forward with your cash out or purchase.
CONSULTANTS
Equity Financing May Be the Answer
Getting approved for financing in the market today is a huge hurdle for quite a lot of borrowers. This licenses for equity financing, making us your most relevant potential loaners. The equity that exists within your home upholds this loan and is used to tell how worthy the borrower is. With credit-worthiness of the borrower already known, approval and procurement are simple. Funding follows shortly thereafter and debt to income ratio of the borrower is not affected at all.
Prodigy Commercial Lending provides you with short term loans with extended repayment periods of up to three years. The fact that these loans totally use real estate equity makes the risk evaluation fully rely on each individual loan whether it is for commercial or residential investment. If you need a speedy cash-out, give us a call at Prodigy Commercial Lending today and let’s roll.
If you need cash out make a point of contacting us.
We service the following zip codes and surrounding areas:View a map of our services areas