If you’re a developer or even an individual planning to build one or more new homes to sell in or around Salt Lake City, Utah , and you need reliable funding fast, call RushFire Private Lending. Our hard money lenders are here to help you get a bridge loan to cover funding for your project.
Whether you’re a builder looking to make more money buying and selling your own properties or you’re an investor interested in developing land, our private money lending company can help you. We provide the funding you need, fast, and you won’t need to complete reams of tedious paperwork.
Private Money Loans for New Construction
Northern Utah is one of the fastest-growing areas in the U.S. Cities such as Salt Lake City, West Valley City, Provo, and West Jordan are filling up fast, and homebuyers are looking to move where there’s more space, away from the hustle and bustle. Now is the time to buy up land in these farther-flung spots. But what if you can’t raise the cash?
RushFire Private Lending is the answer.
When Banks Can’t Help You
It’s not always easy to get the money you need from a traditional bank. The reasons are many. You may need to move quickly on a property deal, and banks are not known for moving quickly. They may spend months or more combing through your financials to determine whether they will take the risk of lending you money. You may lose out on the deal you had your eye on while you were waiting.
Worse, after all that waiting, the bank may deny your loan application.
If your credit score is so-so, this may not come as a surprise to you. If that’s the case, you may want to skip applying for a bank loan and move right to getting a hard money loan.
Hard Money Loans in Salt Lake City, Utah
Banks weigh your credit score heavily when making their decision to lend you money, but Hard money lenders don’t weigh your credit history as heavily when making their decision to lend you money. Our decision hinges mostly on the value of the property, ability to execute the project, available cashflow and what you have to offer as collateral.
If you’re a seasoned developer who has a number of successful projects under their belt, the approval process is even faster and easier. If you have successfully run your own construction company for a number of years, this is also a big plus for you.
Our job is to provide you the funding to help you make money. We provide hard money loans for new construction, demolition, and rebuilding, and we even provide construction draws sent right to your contractors and suppliers. This keeps the process moving along, so you can complete your project on time, sell your property, recoup your investment, and hopefully achieve your profit target.
Partner with RushFire Private Lenders for all your investment projects in and around Salt Lake City, Utah. Contact us today.