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What is the difference between hard money lenders and Private money lenders?

Any good company that provides hard money loan?

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Private money lenders can be anyone like family members, friends, relatives etc but hard money lenders like Riverdale funding are a group of experienced lenders with a good history of helping assets owners to acquire to refinance or purchase multi unit building, mixed use development or any other kind of commercial projects. Riverdale is a trusted company with professional office staff. Hard money loans are great for individual or company which cannot get a standard loan and believe that they can succeed with little help.Try this following site
Hard Money Loans from Riverdale Funding

Posted on Mar 26, 2014

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Both hard money and private money are typically asset based loans, backed more by the strength of a real estate purchase than the financial credentials of the borrower. They are both from non-traditional lending sources. Hard money lenders, despite their non-traditional status, are still organized money lenders and are usually in some way licensed to loan money.

Private lenders are just what their name suggests--private. They could be a friend, family member, business associate, or maybe just a professional referral. In any case, their role as a provider of funding is strictly as you agree upon with them. For more details
ABOUT OUR COMPANY

Posted on Mar 25, 2014

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How Do I Get A Loan From Small Business Administration?


The Small Business Administration programs are made to encourage commercial loan companies to create financial loans to business proprietors and entrepreneurs. The Small Business Administration doesn't make direct loans, however they have many loan guarantee programs that may be very advantageous to companies.

Aug 20, 2015 | The Computers & Internet

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I have a project on hand and I need some commercial hard money loan in Utah. Any company?


There is company called Riverdale funding which provides hard money loan in Utah. They know the difficulties faced by property owners in Utah when trying to obtain hard money loan from traditional lenders so Riverdale funding, LLC lends money without looking at your credit score but their loans decision are based on value of property. To qualify for hard money loan in Utah
- Owner of industrial or retail properties
- Owners of five family units and above
- 1-4 family properties which are in the name of a corporation or LLC and are not occupied by the owner
To submit an application go to Hard Money Loans from Riverdale Funding

Mar 12, 2014 | Home Money Manager Home Loan Interest...

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Who qualifies for hard money loan?


Riverdale funding is one of the leading companies that provides you hard money loan. They offers hard money loan to those people who owns and buys commercial properties throughout United States of American but doesn't offer to
Non owner family with more than four units
Apartment, office building
Retail, industrial properties
Strip centers etc.
For more information whether you qualify or not check Hard Money Loans from Riverdale Funding

Feb 03, 2014 | Computers & Internet

5 Answers

What are some credible payday loan companies or ways to get money fast?


Agreeing a personal loan in our time is a great way to get money quickly.
The main characteristic of a personal loan is that it is not secured by collateral. "Collateral" means something of value, like a home, boat or car that the lender can repossess if you don't repay the account as agreed. Personal loans are backed only by your promise to repay, and for this reason they are also known as "signature loans" or "unsecured loans." This kind of financing usually (but not always) comes with a fixed interest rate and a term ranging from one to five years.
Qualifying for a Personal Loan

Because the lender must rely solely on the borrower's willingness to repay the loan as agreed, credit scoring is extremely important - it's widely believed that the way you've managed your obligations in the past is highly predictive of your performance when borrowing in the future.

The lender takes your application and verifies your income and debts. Your income and debt picture influences the amount the lender is willing to advance you and how long it is willing to lend the money. The lender also pulls a credit report, examines your scores and assigns you a credit grade. More details you can find on the site North'n'Loans.

Depending on your credit grade, loan amount and the length of time you wish to borrow, your personal loan rate will likely fall between six and 36 percent. Rates and terms vary considerably, so it's wise to shop a bit and obtain quotes from several competing lenders.

Dec 17, 2012 | Nokia Cell Phones

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