Why You Should Seek a Private Lender For Your Commercial Mortgage Loan

If you’re looking for a more commercial mortgage loan with more flexibility, a private lender may be the choice for you. Private lenders often don’t have as many expectations, regulations or difficult requirements to meet as bank lenders or other traditional financial institutions.

Handsome young man looking confidentlyA private lender can be a solid and trustworthy source of financing for your business’s growth, whether you are purchasing a building, or expanding. Private lenders can even help increase new business opportunities for your company. If your company’s revenue streams ebb and flow largely or is dependent on individual contract bases, banks or lenders may see your loan as high-risk and be apt to reject your application. Private lenders are more likely to negotiate a deal with this type of business environment despite the seemingly unstable nature of cash flow.

Traditional banks tend to shy away from a gamble. If your company is considered to be “out of the box,” caters to a very specific market, or hedging a new industry all together, banks may not extend very generous mortgage terms, if they approve the loan at all. However, private lenders as not as rigid when it comes to “taking a chance” on a non-traditional business.

If you are establishing new business credit, or rebuilding bad credit due to an accidental ding to your credit score, banks are not very forgiving. However, if your business credit history is fairly clean save a minor mishap, private lenders are more apt than traditional financial institutions to negotiate a deal and offer financing in the way of short-term loans, which many private lenders actually specialize in.

Despite your company’s unique needs and positioning, private lenders are more apt too take on your commercial mortgage loan and offer flexible terms.

Without the hassle of jumping through the hoops of a traditional bank’s requirements, you can still get a loan for your business with a private lender. They can help you along in each step of the loan process and make it easy and hassle free.

The right private lender makes getting a commercial mortgage loan easy.

Do your research to find a private lender who is willing to work with you and negotiate a deal to put your business on the fast track to successful growth and development. Even if your credit score isn’t perfect or you have a business niche that traditional financial institutions might consider high-risk, that doesn’t mean you still aren’t eligible for a commercial mortgage loan with the help of a professional private lender. They are there when you need them to help guide you through the process and answer questions along the way.

Dennis Dahlberg
Level 4 Funding LLC  Private Hard Money Lender
Arizona Tel:  (623) 582-4444
Texas Tel:      (512) 516-1177
Dennis@level4funding.com NMLS 1057378 | AZMB 0923961 | MLO 1057378
22601 N 19th Ave Suite 112 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
About the Author:  Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 42 years. They have 2 beautiful daughters 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.

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