Development and Construction Financing Seeing a Rebound
For the developers getting ready to start up the heavy machinery again, commercial constructions loans and commercial land loans are in high demand. Banks still aren’t readily lending on new construction projects. And with no new commercial construction projects available to finance in the past few years, most of the private money lenders that used to offer commercial construction loans, have all but disappeared.
For the next few years, developers will have no choice but to finance their projects, in part or whole, using private money and bridge financing. There is a range of pricing available for private money loans. Our commercial construction loans are very reasonably priced as compared with other programs offered by many hard money lenders. To read more about our commercial construction loans click here: http://privatemoneyutah.com/loan-programs/
Make sure we are in your book of contacts. If you’ve never done a private money, or hard money loan before, take a look at our ‘Hard Money 101’ at this link and learn what it’s all about: http://privatemoneyutah.com/hard-money-101/
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