These loan types are popular among first - time buyers because they typically have lower rates and fees and greater
flexibility than traditional loans.
Not exact matches
Many lenders consider the increased
flexibility of a business credit line higher - risk financing
than a more
traditional term
loan because the business is borrowing in the future based upon their creditworthiness today.
«At Directed Capital we are always looking to provide solutions for Main Street that
traditional lenders do not have the capability or
flexibility to assist with,» said Directed Capital's CEO Chris Moench, who has specialized in acquiring and repositioning debt for more
than 25 years, «With the increase to our credit facility from our longtime lender Goldman Sachs, we were able to acquire these FDIC
loans and expect to continue our long tradition of helping borrowers re-access
traditional financing channels, while providing investors with superior returns typically uncorrelated with the market.
Many lenders consider the increased
flexibility of a business credit line higher - risk financing
than a more
traditional term
loan because the business is borrowing in the future based upon their creditworthiness today.
Borrowing money through a short - term
loan product might cost you more
than a
traditional bank
loan, but when you factor in the speed,
flexibility, and smaller funding sizes offered by alternative lenders, working capital
loans are often more attractive.
As a hard money lender, Montegra has more
flexibility in our underwriting process
than banks and other
traditional lenders do, allowing us to fund
loans that they can not.
As a direct lender, Montegra has more
flexibility in our underwriting process
than banks and other
traditional lenders do, allowing us to fund
loans in short time frames so that investors don't have to worry about missing out on deals while they wait for their
loan application to be approved.