ASSET BASED LENDING SOLUTIONS FOR THE GREATER LABELLE, FL AREA
LaBelle, FL, is the seat of government of Hendry County located on the Caloosahatchee River about 18 miles east of Fort Myers. This small city has a thriving lifestyle and a land-based economy of agriculture and cattle. If you own a small business in LaBelle, funding will undoubtedly come in handy to help your enterprise achieve its goals. At HML Solutions, we offer bridge loans and hard money loans to help you with everything from commercial real estate investment to running a more successful enterprise. As such, feel free to partner with our financing team in LaBelle to increase your brand’s popularity and profits.
Why Do You Need a Hard Money Loan Or Bridge Loan?
There are countless ways to invest in your business to position it for more success. For instance, you can expand your footprint, purchase better equipment, invest in better digital and offline marketing to attract new customers, among others. Regardless of the specific type of business you own, a bridge loan can help you in diverse ways, including:
- Computer systems and technology upgrades to remain competitive
- Heavy equipment purchases
- Transport vehicles procurement
- Investing in commercial real estate
- Building remodels, among others
There are numerous other ways to leverage a hard money loan and bridge loan to your advantage. For instance, you can secure a commercial real estate loan to purchase new premises for your expanding business. You can also take a bridge loan as an alternative to residential loans from traditional lenders to secure a new house before selling your current property. Furthermore, you can take a bridge loan to keep your company operational while waiting for your customers to pay you. At HML Solutions, getting approved for your loan is more straightforward than securing a traditional working capital loan because your loan amount is backed by collateral rather than your creditworthiness.
What’s The Difference Between a Bridge Loan And Hard Money Loan?
Bridge loans are a form of hard money loans, but not all bridge loans are hard money loans. In some cases, banks and other lines of credit can finance your bridge loan. Hard money loans are financed by private lenders, not conventional lenders. Hard money loans can be applied to a variety of business needs while bridge loans are tailored for purchasing property.
The HML Solutions Advantage
Investors often have to contend with tedious and lengthy processes when applying for traditional loans. However, bridge and hard money loans are an excellent alternative financing solution if your needs are too pressing. At HML Solutions, we structure our operations and make our loans flexible to accommodate various investors’ financial situations. Some of the best features of our bridge and hard money loans include:
- A loan-to-value ratio of up to 75% of the property’s overall value.
- No prepayment penalties.
- Closing in up to 2 weeks
- Total loan amounts of $50,000 to over $50 million.
Contact Us Today
You can contact our team for clear explanations regarding bridge loans and hard money loans and which option best suits your unique needs. Feel free to contact us right away in LaBelle, FL, for prompt assistance.
Note: All submitted information is kept in strict confidence and used solely for the purpose of obtaining a hard money loan and/or bridge loan. We do not share your information with any third parties without your consent.