It is, basically, the process of borrowing funds from a non-traditional lender, in most usual cases, a private company or wealthy private individual that has extra cash or equity and who is looking to get a higher return on their excess funds.
Going through the conventional way of accessing funds through a bank takes considerable time and effort with all the paperwork and lengthy process involved. Private lending extends a more straightforward, efficient, dependable, and often quicker non-bank loans alternative to that scenario.
Typically, private loans are asset-backed (particularly, more often than not, with property) as opposed to bank loans, of which their approval in the first place depend largely on your financial history.
We offer commercial loans and development loans of up to $1M. These can either be short-term loans with a duration of 6 months or long-term loans of up to 12 months.
Our process is pretty straightforward. Here's a bird's eyeview: You apply or register your interest for a loan. Then we do our due diligence with verifying your identity, confirming your eligibility, and doing all the necessary background checks. Once you're approved for a loan and the property deal is created and all relevant paperwork is signed, we connect our investors to this opportunity and the loan is activated.
Property Investory has an excellent proven track record in the private lending route since 2020. Not only do we take care of both the investors and the property developers that we work with, but we also have successfully settled and closed property deals with win-win situations that have made both lenders and borrowers happy. It is worth noting that in a span of less than 5 years, we have funded over $35M+ worth of projects.
