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Understanding Hard Money Business Purpose Use Loan and The Benefits for Investors

Strategy Driven

New businesses and businesses with low credit scores. These loans are backed by the commercial real estate of the business. A hard money lender will provide you the business purpose use loan if you can prove you have enough equity in real estate. When a real estate investor has to act quickly.

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Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

Financial crises hit sources of collateral like real estate particularly hard, and this has negatively impacted smaller firms credit scores. These developments, while promising, are not without risks. Banks remain relatively risk-averse amid the tepid recovery.