Hard Money Lenders Stepping In For You | Riverdale Funding

Hard Money Lenders Stepping In For You

Oct 05, 2016


Now that the dust has settled from the Great Recession, the roles that different types of organization played in both causing the crisis and in helping the country out of it are becoming clearer. The hard money lending industry is one of the unsung heroes of the downturn. When other financial institutions failed to lend money to qualified investors, hard money lenders stepped up and keep the commercial real estate economy going.

One of the immediate impacts of the real estate downturn was that traditional commercial real estate lenders stopped lending. For example, conduit lenders issued 203 billion dollars of commercial financing in 2006 and a record-setting $230 billion in 2007 according to the CRE Finance Council.  For the three-year period of 2008 through 2010, they issued $26 billion. Even 2013 only saw $73 billion — less than one-third 2007′s issuance level. Bank and life insurance lending also dropped.


Commercial Hard Money Loans Help The Market

In the aftermath of the Great Recession, pricing was lower than it had been in years. Many investors had equity in place to take advantage of buildings that were priced for very high returns. Traditional lenders offered loans at unreasonable terms, and then found ways to not issue the loans even when the investors met their terms. This prolonged the paralysis of the market as transactions that needed to change hands were unable to move due to an irrational unwillingness on the part of the traditional lending community.

When this happened, hard money lenders stepped up. Instead of looking for reasons to not make loans, the investors that backed the real estate community showed they were willing to take the risk providing needed financing.  Thanks to this, investors throughout the country were able to access the capital that they needed to acquire attractively priced buildings and turn them into cash flowing investments or resell them for healthy profits.

Hard money lenders are entrepreneurs, like you. They understand that they have to take some risk to earn a return, and they also understand that good investors don’t become bad investors when the market suffered a reversal. If you need access to a competitive loan quickly so that he can acquire an attractive property, you can turn to the private lending community. We’re there for you when you need us, even if your bank won’t be.


Do You Qualify for a Hard Money Loan?

Riverdale Funding, LLC offers hard money loans to owners and buyers of commercial properties throughout the United States, including but not limited to:


  • 5+ units and higher
  • Retail properties
  • Industrial properties
  • Non-owner occupied 1-4 family properties in a corporate or LLC name
  • Office Buildings
  • Apartment Buildings
  • Strip centers


Interested? Apply for a private money loan from Riverdale Funding LLC today or call 1-888-368-4983.