In commercial real estate, hard money loans and business entity construction loans both use the real estate being financed as collateral, but they solve different funding problems. Here’s a table quickly showing those differences: Hard Money Loan Business Entity...

Yes, hard money lenders will check your credit score when they underwrite your loan application. A hard money loan is indeed more asset-based compared to a traditional bank loan, so your credit score is usually not the main factor that determines approval. Still, your...

There’s a misconception that hard money loans are easy to qualify for. That probably comes from the fact that, unlike traditional banks, hard money lenders are asset-focused and much more deal-oriented. They don’t ask for the long list of borrower documents and don’t...

If you need short-term capital and cannot wait months for a bank to review your commercial property loan application, hard money can get you to the finish line. But it will only work in your favor if you use it for a defined purpose and have a solid exit plan, because...