How hard money lenders balance the playing field?
December 22, 2020
Traditional Lending Market response to the pandemic
With the pandemic, many corporate lenders are looking to stand pat and are taking a wait and see approach to the lending market. Some newer lenders are experiencing defaults or are experiencing problems with the wall street money sources they have relied on. Experienced Hard money lenders understand that in this market, those that are willing to invest in the lending market can pioneer dramatic new growth in their region and offer lifeboats to developers who need capital to stay afloat.
Norfolk Capital’s Response
Hard money lenders like Norfolk Capital are here to help. They are here to provide financial opportunities for borrowers without access to traditional financial solutions due to a lack of stable cash flow and poor credit. Norfolk is interested in your plan, not your credit history. Do your contractors look reputable and complete projects on time? Do you have potential buyers or many potential buyers eager to purchase your property once completed? Norfolk’s focus is on the quality of the project, not the history of the borrower. They provide capital quickly and easily for your real estate investment needs.
To contact Norfolk
Call: (617) 718-5363
Mail: 344 Talbot Ave, Boston, MA 02124
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