Demand Rising for Commercial Hard Money Loans
As U.S. banks push to comply with new international banking standards by as early as 2015, we are seeing a rise in demand for commercial hard money loans. Particularly in the area of commercial lending, banks are already beginning to slow down lending to be able to comply with the Basel III by as soon as 2015.
In fact, commercial real estate investors biggest complaint is about not being able to find commercial financing. Ever since the new standards were finalized in January of this year, US banks have begun to deleverage their balance sheets and carefully choose which commercial loans to do. For this reason commercial hard money loans will continue to see a strong growth in demand through 2015.
But many commercial real estate investors have never dabbled in commercial hard money loans, also called bridge loans. Many of them don’t understand the requirements or the characteristics of commercial hard money loans versus bank loans. For this reason, we have an active blog on this topic and a page dedicated to article and videos that educate newbie on the topic of commercial hard money loans. We invite those not familiar with concepts and terms in private money to visit our ‘Hard Money 101’ Blog found at this link: https://privatemoneyutah.com/hard-money-101/
Or to learn more about commercial hard money loans here: https://privatemoneyutah.com/loan-programs/
