Avatar's Blog
» Hard Times Require Hard Money
The past weeks have been more than 'interesting' for the hard money commercial loan market. As the banks shut down lending opportunities almost entirely, we at Avatar Financial Group have been seeing requests for loans that would have been funded by banks in the past.
We take our role as a lender in these times seriously. We understand that people are counting on private lenders to help them weather the financial storm. Therefore, we are focusing all our efforts on commercial real estate loans, moving as quickly as possible to review properties and fund loans.
Until further notice, Avatar Financial Group will only fund commercial real estate loans starting at $1,000,000. We are not funding private residential properties of any kind in any state; we will continue to fund multi-family dwellings such as apartment buildings.
If you have a commercial loan request, use our online loan application to get the ball rolling. We'll contact you as quickly as possible to get you a firm quote.
