Time. It’s something that seems to be in short supply these days. Even when digital technologies are supposed to make routine tasks more efficient and easier, there still doesn’t seem to be enough time in the day to get things done. As an investor, you don’t have a lot of time to put into arranging your real estate loans.

So how long did it take to arrange your last hard money loan? Perhaps it was a couple of weeks. Was it a month or two? Time is of the essence in your business. Speed is the name of the game in an industry where the most lucrative properties are in high demand.

Putting too much time into arranging financing can put a real damper on the bottom line. We get it. It is one of the reasons we commit to getting loans approved and funded as quickly as possible.

Faster than Traditional Lending

But now you might be wondering how quickly we can get a loan processed and funded. It’s not possible to give a hard and fast number in a blog post. Every hard money and bridge loan is different. The one thing we can say is that our approval and funding processes are faster than what you get from traditional lending.

Our approval process is faster because we do not require a ton of paperwork. As you probably already know, hard money and bridge loans from private lenders like Actium are asset-based. Approval is based primarily on the value of the asset being obtained. We don’t have to spend a lot of time digging deeply into a client’s financials.

As for funding, our process is fast because that is how we do business. Once a loan is officially approved by our team, getting it funded is a matter of completing the paperwork, getting all the signatures, and transferring the funds. We keep things as simple and straightforward as possible. Simplicity cuts down on all those extemporaneous things that otherwise lead to so many delays in traditional financing.

Funding in Days

A typical hard money or bridge loan from Actium can be approved and funded in days. Believe it or not, we have been known to fund loans in under one business day when circumstances have warranted it. We had one particular client who contacted us on a Friday morning in urgent need of funding so as to not lose a deal scheduled to close on Monday. We took care of things.

We completed our appraisal on Friday afternoon and drew up the documents. On Monday morning, we forwarded the documentation and funding to the title company. The deal was saved, and the investor was able to close on time. He then went on to arrange traditional financing to pay his hard money loan.

We Make It Happen

We take great pride in the fact that we make things happen on behalf of our clients. Every hard money and bridge loan application that comes across our desks gets consideration. Those we choose to move forward on are given our utmost attention from the get-go. We do our best to approve and fund as quickly as possible. It is just what we do.

How long did it take to arrange your last loan? Maybe it was a few weeks. Perhaps it was a month or more. At any rate, consider going with hard money if your previous experiences with traditional funding have taken too long. Here at Actium Partners, speed is our deal. We work as quickly as we can so that our clients can get on with it.