Whether your business revolves around residential properties, commercial properties, or both, SRP will customize and close the financing you need.
Working with a private lender is a favorable alternative to bank financing. SRP makes this process easy for residential property investors and builders.
Private/Hard Money commercial loans are approved much faster than traditional banking loans – which can take months. Private money loans can be approved in a matter of days. Lenders consider the property valuation, equity needed, down payment and exit strategy to process the agreement.
Every project is unique and should be treated as such. At SRP Lending, every loan is customized based on the borrower and the project’s needs.
The traditional banking process for commercial lending, residential construction and renovation loans is full of formalities – private lending has significantly fewer stipulations. Borrowers need sufficient equity, enough cash flow for monthly payments and a sound exit strategy.
The terms of a real estate loan through a private lender depend on your circumstances. You are not held to strict banking policies and have the upper hand in every decision throughout the process.
Fewer requirements in the loan process means the borrower has access to better facilities and benefits. Borrowers get the funding they need without all the paperwork and restrictions involved in traditional banking loans.
Banks conduct business globally – and are less connected with their clients. Our loans are done locally, and lenders are genuinely interested in the property’s success.