Private Money - Hard Money
PRIVATE MONEY LOANS (PML)
Shearson Capital will lend on your assets.
The PML program is perfect for companies or individuals with assets they would like to pledge as collateral.
Shearson Capital is able to provide private funding on commercial or residential buildings, undeveloped land, and unconventional assets. Funds can be used by entrepreneurs for business purposes or for developers, real estate investors and other property owners that need fast sources of funding, refinances, or other bridge loan situations. Most programs are interest only, with no pre-payment penalty, and have a term from 6 to 36 months (although some programs may be longer).
This program differs from our other programs in that it:
- Offers amounts up to $1,000,000
- Is based primarily on assets such as Real Estate
- Personal net-worth and FICO are not primary factors
HOW IT WORKS
Shearson Capital arranges equity-based lending on real estate properties and unconventional assets such as bonds, IP, or other liquid assets. We cater to Entrepreneurs, Investors, Rehabbers, Corporation, Probate Estates, and Sub Prime Money Borrowers who do not meet the stringent requirements of conventional underwriting guidelines.
Our excellent reputation as a Private Money Lender on hard assets has been built on our ability to provide fast financing solutions for borrowers who have come across financial challenges. When in need of fast, creative financing solutions, there’s no better place. Shearson Capital may act as a direct Hard Money / Private Money Lender or as an intermediary to individual investors with niche criteria posted through our proprietary exchange portal. We are able to provide a fast decision on your loan application which allows you to get your deal funded quickly.
HOW MUCH YOU QUALIFY FOR
Get a FREE quote now and see exactly what you qualify for by filling out our quick form. Our professional representatives are standing by to answer your questions and offer a no hassle and no obligation FREE quote to see if a Private Money Loan is right for you.
LOAN PROGRAM HIGHLIGHTS
To find out how much you qualify for, simply complete the online application and provide some basic information. You will receive a free, no obligation quote within 24 hours from a Shearson Capital Account Executive who will review your funding options.
- Rates Starting at 8.95%
- Non-owner purchase/refinance up to 65% LTV
- Fix and Flip Financing, up to 70% of purchase price
- Fix and Flip Financing, up to 100% financing with a 50% equity share upon sale
- No Pre-Payment Penalty (most cases)
- 6 to 36 Month Terms (ability to recast in most cases)
- Fast Closing (Able to fund in 7 to 14 days in many cases)