Private Funding versus Hard Money

[Sidney Young]

Is there a difference other than underwriting opinions?  I do Private Funding and have done this for years but I get clients that ask Me the difference and I explain to them I have never used Hard Money Funds and am not sure.  I know as a private money lender We use our own underwriting guidelines. Maybe that is the difference

[Dave DeMarinis]

According to my Urban Dictionary, there are a few definitions. :-)

1. Hard Money is the reality and Private Money is a euphemism. 
2. An engineer would call it Hard Money a marketer would call it Private Money and a sales person would call it an incredible enabler, landing an investment you otherwise could not.
3. A pragmatist would call it more expensive than traditional financing but faster and cheaper than giving up equity.

For me, Hard Money is when the loan is the foundation for the relationship. If the relationship is the foundation for the loan, then it might be Private Money but not necessarily.