Putting up a business and then operating it needs funds/ loans, you can transform your business plan into reality with the appropriate inflow of funds. Business loans can reduce your financial issues and provide various benefits. Due to a lack of funds, almost 33% of small business loans have existed as business owners’ most well-known financial products. To acquire fixed assets or capital, such as buildings, land, and machinery, businesses mainly raise funds through capital funding programs to buy these assets. One of the most reliable lenders you can rely on is Capital Fund 1 in Nashville, TN.
They have the innovation, experience, and responsiveness to immediately ensure you get the funds you need. When you’re looking for a trusted lender to fund your real estate project, they are devoted to getting the deal done in a time-efficient and effective manner. Hard money lending doesn’t need to be peculiar and it is a straightforward process in Capital Fund 1.
Learn how the loan process works in Capital Fund 1
Instead of providing thousands of reading materials and pages of paperwork to complete, the loan application process in Capital Fund 1 can be completed in three steps.
- Submit your contract
- Their application online is easy and quick to fill out and forward with the needed documentation. These documents comprise planned improvements, photos of the property, and the real estate purchase contract.
- Underwrites the loan
- The next step is waiting to underwrite the loan. With their in-house team, your deal is inspected as instantly as the day you apply, and they will send out the terms in only a few hours.
- Loan Funded
- Working with a representative in their team, they’ll decide on a closing date, gather the insurance documents, escrow documents, and title, and have the chance to get the financing you need in only a day.
Capital Fund 1 in Nashville can finished the loan process immediately since they’re an asset-based lender. Meaning they can focus your funds on the actual property instead of the credit score. They don’t check credit, look over the finances. With their devoted team, the loans are moving quickly than others, they have more than 170 years of combined experience, their investing and lending experience are excellent.
Check some of the services they offer to their clients in Nashville
- Construction Loans
- Bridge Loans
- Buy and Hold Loans
- Lot and Land loans
- Fix and Flip loans
- Trustee loans