Hard Money Loan Financing
Asset-based commercial lending alternatives for certain time-sensitive real estate transactions.
Understanding Hard Money Loans
Hard money financing is commonly secured by real estate and offered by nonbank or private lenders. The property's value and the proposed exit plan often receive significant attention, although lenders may also review the borrower's financial condition and experience.
Common Financing Scenarios
- Commercial acquisitions with tight closing schedules
- Property renovation or repositioning projects
- Interim funding while permanent financing is arranged
- Assets that may not currently qualify for conventional commercial loans
What to Review Before Proceeding
Compare interest rates, origination charges, loan-to-value, prepayment provisions, term length, default costs and the expected repayment source. Short-term private financing may carry higher costs than traditional commercial mortgages.
Compare this option with bridge loan funding and commercial refinancing.
Explore Your Financing Options
Discuss the property, proposed use of funds, requested financing and timing with ABMC Capital Group. You can also review our commercial loan options and loan documentation checklists.
The availability, rates, terms and eligibility of commercial financing depend on lender underwriting and the particular project. This page is informational and is not a loan offer or commitment.