Private Lending Resources

Are you a business wanting to build warehouse space or expand? Are you a business that’s looking into relocating to a better space or growing your current location? Do you need a location and building for your business?

More importantly, are you in need of funding?

Private money lenders for real estate can help expand your business plan, and in more ways than one.

Loans from private lenders for real estate are generally faster to obtain than traditional loans. If you’re looking to get investment money quickly to expand your business plans, a private loan from a direct private money lender is an excellent option.

To give you a better idea of whether a real estate investor private loan might be right for your commercial real estate project, RoseRock, a direct private lender in Texas, is here to help you consider your options for expanding your business plans:

Have you invested in a construction project but lack the necessary funds to move forward?

Because these instances are often time-sensitive, a traditional lender probably isn’t an option to get the funds you need. That’s where a private real estate loan from a private lender for real estate can help save your business plan.

Anyone who’s invested in commercial real estate knows that things don’t always go as planned and are very often more costly than initially anticipated. Sitting on a construction project that isn’t moving forward can be even more expensive. Luckily, real estate loans from private lenders are available.

A private lender for real estate may have multiple options to help fund your commercial building project, and one of those might include a draw request or construction draw request.

A "draw" refers to when the lender supplies a funding amount to help finance your real estate project. However, rather than the funds being available all at once, you will instead “draw” money from that amount as it’s needed.

To do so, you’ll need to submit a “draw request” to your lender.

A draw schedule is helpful for both parties, as it helps ensure funds are being dispersed where they need to go, with an important degree of transparency for everyone involved.

Are you looking for an asset-based loan to help fund an investment in a commercial property?

A private loan is an ideal option in this scenario. Not only is the process faster to obtain the necessary capital to start your project—but you can also use your existing real estate as collateral.

Many times, in commercial real estate, the funds for the project are tied up in the investment, and a traditional lender might not provide you funding without more evidence of cash in hand.

A private lender doesn’t just take into account the money you have readily available—they also consider the real estate value as collateral. In this way, you can acquire the necessary funding to move forward with your project more quickly and get your business plan from paper to construction.

Private real estate lenders such as RoseRock—a private lender in Texas—can help your commercial real estate business plan by offering short-term loans with no maximum loan cost. In addition, they offer interest-only payments with clear, easy-to-understand terms.

If you have a commercial real estate project you need to get off the ground, but need more proper funding, contact your local private lending company and see how a personal loan could make your business plan a reality.