HOW IS PRIVATE LENDING MORE BENEFICIAL THAN BANK LENDING IN REAL ESTATE INVESTMENT?

When you make up your mind for investing in real estate the first thought which strikes your mind is about the source of the fund.  We already know, investing in real estate requires a huge amount of funds. The two basic sources of finance are – the ancient or traditional one which is taking a loan from any government institutional firm or a bank and the next is taking a loan from private real estate financing lenders.

In the recent scenario, availing of a loan is no more a tedious process. But this completely depends upon the correct choice made by any individual. Although banks are well established and considered as the most secured source of finance, many other private financing lenders have set up their name and reputation in the loan market. Funds 2 Loan Unlimited is one such reputed and trustworthy company that provides both short and long-term loans easily. However, there are a lot of differences between taking a loan from banks and any other private lending.

KEY BENEFITS OF PRIVATE LENDING:

• • Approving a loan becomes much easier in private lending finance companies as they work on their internal set criteria.
• • They make the whole process of taking loans speedy with the least amount of paperwork.
• • Flexibility is the main benefit of such lenders as they are less regulated and work on their set guidelines.
• • They even customize various loan options according to the desire of the investor whereas in banks no such facility is provided.
• • They even provide loans based on the property and not your income. Credit rarely checked only to improve loan pricing.
• • Their work is not limited to providing loans only, but they also train the investors during the entire process of loans.
• • The way of repayment is very much easy in such business.
• • A customer relationship manager is available to guide you and answer all your queries during business hours. Thus, they maintain a healthy CRM.
• • They even inform you by letting you know the most profitable loan for your investment.
• • The traditional lending institutions are not lending to investors, but here you can easily avail such loans and generate income.

Overall to summarize, the best option is to get finance from private lenders, if you need a short-term loan and hassle free. At FUNDS 2 LOAN UNLIMITED we are deeply passionate about real estate investment and have a goal to help you in every way we can. We are your trustworthy partner in lending, investing for all your FIX & FLIP investments.