Commercial Hard Money

Hard Money

Real estate is the primary collateralized asset for a hard money loan. Hard money refers specifically to the asset used to guarantee repayment. In the event of a default, hard money is repaid by the borrower with the collateralized property.

A hard money loan funds a potentially viable project for which financing may be unavailable from conventional sources. As you might imagine, the risks involved are greater, and so are the interest rates.

Hard money loans can be used for a wide variety of purposes -- bridge financing, debt consolidation, acquiring property, commercial deals and many other purposes. Lending decisions and loan disbursement are normally quick, and collateral is required.