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Hard Money Seconds for Business Purpose
I specialize in private money loans.  One niche that many people are not aware of is hard money seconds.  In this blog post I want to discuss hard money seconds for business purpose loans.
Many businesses are struggling right now.  While there is help available, it is not always going to be enough to keep a business afloat or to allow a business to take advantage of opportunity in this quickly changing environment.  Business owners who have seen their income reduced can have a difficult time obtaining funding through the banks.
While many business owners may own their own homes and have equity available, they may be unable to tap that equity due to their lack of document-able income over the past year.  Hard money seconds for business purposes, however, can help overcome that hurdle.
Business purpose hard money seconds are mainly concerned with the equity in a property.  For business owners looking to tap that equity for business purposes, these loans can allow short term access to funds while keeping existing loans that may be at great terms in place.  For business owners who have had income issues due to Covid, these hard money options can allow for an injection of capital that ... more

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