Arkansas Commercial Hard Money Loans
A total of 21 search results for commercial hard money lenders were found in Arkansas. The median loan amount is $301,232. Rates for private loans average around 9.9%. The median loan issued in the state is for 29 months. The mean note includes a 2.9 percent origination charge. Lenders offer on average a 72% loan-to-value on hard money loans in Arkansas.
Loan Example 1
Alisa owns a business in El Dorado, AR and needs to buy a new commercial building for her operations. Because she isn't able to secure a conforming loan from a bank, she turns to Axis Finance Company for a commercial private money loan. The building will cost $860,000. Based on a 55% loan-to-value (LTV) set by the lender, the loan principle amount will be $473,000. The additional $387,000 will be be paid by Alisa . The loan also specifies a 4 year term, a 14% rate of interest, interest-only payments made each month with a final payment at the end of the note (with no pre-payment penalty), and a 3 point origination fee. Alisa can eliminate the loan at any point by paying off the $473,000 in principle, however, she will be required to make $5,518 per month interest payments ($473,000 principle value x 14% interest rate / 12 months per year) in the interim, or up to the point the loan expires. Since there is no pre-payment penalty, the only other expense she would have is the $14,190 origination fee which she will contribute at the closing.
Loan Example 2
Maurice runs a business in El Dorado, AR and decides to acquire a new building for his operations. Since he cannot get a conforming loan from a bank, he looks to Big Lake Lending Group for a commercial private money loan. The new building carries a price tag of $1,110,000. Maurice will need to put 20% down, or $222,000, because the lender will loan only 80% of the purchase (the loan to value or "LTV"). This means the principle on the deal is $888,000. The deal also specifies a 2 year length, a 13% interest rate, interest only payments made each month with a final payment when the note expires (without a pre-payment penalty), and a 1 point origination charge. By the rules of this deal, Maurice will be required to pay an origination charge of $8,880 at closing (1% x $888,000 principle value) and will then begin making payments of $9,620 monthly ($888,000 principle value x 13% interest / 12 months per year). Finally, he will make a final payment of the $888,000 principle value when the loan expires, or before if he chooses to pay off early.
Anchor Loans is a California based Hard Money Lender. They provide loans in 46 states throughout the US. They are the largest Fix-and-Flip lender in the U.S. lending over $6 Billion life-to-date in total loan volume to real estate ...
Patch of Land is an asset-based lender based in Los Angeles, CA offering funding all throughout the US. They offer short term bridge loans, private commercial loans, long term rental property loans, refinancing, and fix and flip loans. ...
Visio Lending is a hard money lender based in Austin, TX providing loans in 39 states throughout the United States. They provide short term bridge loans, commercial loans, and fix-and-flip hard money loans. They provide rates ...
Secured Investment Lending is private lender headquartered in Lake Mary, FL. They provide funding in 49 states throughout the country. They provide lending solutions for a variety of scenarios, including short term bridge loans, commercial loans, cash ...
ICG10 Capital is private lender headquartered in Aventura, FL. They offer loans in 44 states throughout the United States. They offer loans for many different scenarios, including short term loans, buy and hold loans, short term fix ...
Global Integrity Finance are commercial hard money lenders based in McKinney, Texas. They specialize in hard money loans for commercial properties, bridge loans, fix and flip loans, and construction loans in some cases. They fund all loans using ...
Allied Commercial Funding is private lender headquartered in Agoura Hills, CA. They provide funding in 43 states throughout the US. They provide lending solutions for a variety of situations and needs, including hard money loans for commercial ...
Based in Great Neck, NY, National Advance Group is an asset-based lender providing loans in 50 states across the United States. They offer lending solutions for a variety of scenarios, including commercial hard money loans and fix-and-flip hard money ...
Based in Coeur d'Alene, IA, COGO Capital is an asset-based lender providing loans in 45 states throughout the US. They provide private commercial loans, fix-and-flip loans, and loans for investments properties. Their loan guidelines are flexible, including ...
US Best Capital Partners LLC is a private lender headquartered in Oakdale, PA offering funding in 41 states across the country. Their focus is primarily on hard money loans for commercial properties. Their lending parameters are versatile, including ...
Sunset Equity Funding is a hard money lender based in Los Angeles, California. They issue loans in all states except for Alaska, North Dakota, and South Dakota. Their loan offerings include purchase loans, fix and flip loans, new ...
Normandy is a Rochester, NY based private money lender. They provide funding in 39 states throughout the country. They provide ground-up construction loans, long term rental property loans, cash out hard money loans, fix and flip hard money ...
PB Financial Group is an asset-based lender based in Los Angeles, CA offering funding throughout California. They provide bridge loans, hard money loans for commercial properties, loans for investments properties, fix-and-flip hard money loans, cash out hard money loans, ...
Headquartered in Neenah, WI, Peak Choice Capital is a private lender providing funding in 45 states throughout the US. They offer short term bridge loans, buy and hold loans, cash out loans, fix-and-flip loans, and private commercial loans. ...
Headquartered in South Windsor, CT, RCN Capital is a hard money lender providing funding in 47 states across the country. They provide loans for many different scenarios, including cash out loans, fix-and-flip hard money loans, commercial hard money loans, ...
Based in Johnson City, TN, Riverdale Funding is a hard money lender offering loans in 37 states across the country. They provide lending solutions for a variety of scenarios, including loans for investments properties, commercial hard money loans, fix ...
Silver Hill Funding is private lender based in Coral Gables, FL. They provide funding in 39 states throughout the United States. Their lending focus is primarily on commercial loans. They provide rates ranging between 6% ...
Cherrywood Commercial is a Diamnond Bar, CA based private money lender who provides loans in 48 states throughout the United States. They provide lending solutions for many different situations, including short term bridge loans and commercial hard money loans. ...
T&M Commercial Funding is an Auburn, ME based private lender who provides loans in 47 states across the US. They provide lending solutions for a variety of situations and needs, including bridge loans and commercial hard money loans. ...
Sharestates is a Great Neck, NY based hard money lender. They provide loans in 46 states across the US. They offer lending solutions for a variety of needs and situations, including hard money loans for commercial properties, fix ...
Turning Point Capital is a private money lender headquartered in Downers Grove, IL offering loans in Chicago. They provide rental property loans, bridge loans, short term fix and flip loans, refinancing, and commercial hard money loans. They ...
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