Every Californian city has unique characteristics that set it apart, and Salinas stands tall as a century-old premier agri-business region. Often dubbed the “salad bowl of the world,” it claims the invention of the iceberg lettuce salad. Covering a vast area, Salinas boasts a wide variety of real estate, including industrial, commercial, mixed-use, and residential properties. However, many residents face the dual burden of troubled credit ratings and deteriorating FICO scores.
Salinas needed a professional hard money lending service to offer effective solutions to investors. Private Money Lenders Inc. responded promptly, providing loan options to individuals, partnerships, trusts, corporations, LLCs, estates, and foreign nationals. Investors were amazed to discover the availability of bridge loans, long-term private financing, private money loans, and investor loans, all aimed at overcoming poor and sub-par credit profiles.
Our seamless process begins with identifying the equity in the property. Once analyzed, the next steps involve providing unfettered clarity on all terms, negotiating the lowest rates, and integrating reasonable terms into the contract. These benefits apply equally to investors of all sizes, from $50,000 loans up to $2 million.
Private Money Lenders Inc. truly shines when equity alone isn’t enough to close the deal. Our trained agents employ techniques like cross-collateralization to complete the loan process for credit-borderline clients. Additionally, we offer refinancing options with no cash-out limits, particularly beneficial for businesses of any scale.
While Salinas leans towards agriculture, it’s quickly adapted to the speedy and efficient deal closings that Private Money Lenders Inc. provides. Our competitors struggle to keep pace, but the residents of Salinas have welcomed us as their reliable, first-choice private money lender.