Often the seller of a property needs money but wants to wait for an optimal sales price. Actium can be the answer in these circumstances. Borrowers with desirable properties in locations like the Kaanapali Coast in Maui or Jackson Hole, Wyoming know the strength of the markets can bring top dollar. However, they may need some of the money before the sale. We have stepped in to provide funding that allows the seller to take time and welcome more potential purchasers into the arena. Actium charges no prepayment penalties, so the borrower can pay off the loan as soon as the property sells without extra fees.
Many people come to Actium when they have needs for quick cash. We once received a call once from a business owner who did not receive a check they expected to use for payroll. Up against a very uncomfortable situation, he asked if we could lend against a property he owned. We flew out...
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Contact Paul Christenson at 801.983.6701 to start the conversation or fill out the form below.