What Is a Hard & Private Money Loan? Hard money loans (aka, private money, bridge or trust deed loans), are a form of short-term financing secured by real property; usually real estate. They are typically funded by individuals or companies as opposed to traditional mortgages which are financed by lending institutions such as big banks […]
This year, watch out for a new loan scam. This is a lending scam whereby a potential borrower is given loan terms in writing from a lender but is instructed to purchase some form of life insurance, or any insurance paid in advance of receiving the loan. Because the sum requested by the loan scammer […]
Hard money loans (aka, private money loans or bridge loans) are short-term loans secured by collateral. They are called hard money loans because they are secured by a hard asset, usually real estate. These types of loans are funded by private companies and individuals rather than traditional financial institutions such as banks or credit unions. […]
Most firms have set up a war room to triage their immediate response to the crisis. But the lack of visibility around future demand complicates efforts to restart stalled portfolio companies…