US Hard Money: Core Lending Programs
US Hard Money, based in Virginia specializes in hard money loans, offering fast and flexible financing options tailored to real estate and other asset-based lending needs. Their services cater to borrowers who may face challenges obtaining traditional loans due to time constraints, project-specific requirements, or unconventional financing needs. Here’s an overview of their lending programs and features.
Core Lending Programs
- Real Estate Loans: US Hard Money provides financing for various real estate projects, with a focus on land acquisition and adaptive reuse. The company prioritizes loans with clear contracts or viable exit strategies, making them an excellent choice for developers and investors working on strategic real estate opportunities.
- Bridge and Mezzanine Loans: Interim financing solutions are a key component of US Hard Money’s offerings. These loans are designed for situations where quick funding is required, such as securing a property or completing a project. Depending on the scenario, US Hard Money can fund over 90% of acquisition or construction costs.
- Asset-Based Loans: Beyond real estate, the company also finances non-traditional assets like commercial aircraft, rolling stock, production contracts, fine art, and natural resource ventures. These loans are structured around the collateral’s liquidation value, ensuring borrowers can access capital without traditional credit dependencies.
- High-Value Projects: Loans typically range from $3 million to $100 million, with a preference for projects in the $5 million to $10 million range. This makes them well-suited for substantial investments in commercial or cash-flowing properties. Smaller or less substantial projects may be referred to affiliated brokers.
Key Features and Benefits
- Fast Turnaround: With streamlined processes, US Hard Money can close loans in days, a critical advantage for time-sensitive projects.
- Custom Solutions: The company’s team works closely with borrowers to design loans that meet unique project needs, offering flexibility in terms and repayment.
- Expert Broker Support: Brokers are a vital part of the company’s ecosystem, contributing to 80% of its business. The firm emphasizes confidentiality, quick response times, and tailored broker support.
Application Process
US Hard Money offers a straightforward application process. Borrowers can download required forms, such as the application, fee agreement, and financial statement, from their website. Completed forms can be submitted online or via fax for rapid processing.
US Hard Money stands out as a leader in asset-based lending, providing specialized financial solutions for high-value projects and unconventional assets. Their expertise, flexible terms, and fast approvals make them a reliable partner for investors and developers seeking private lending options.
