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855.501.8725

info@goldbridgecs.com
Private Money vs. Hard Money Loans

What is the difference between Private Money and Hard Money?

June 27, 2022

Gabriela Rosales

Why an investor should know the key factors between Private and Hard money loans. As it can benefit your future investment projects and who you decide to go for a loan from.

Private Money Lending

Involves borrowing money from people with the money to invest capital in your venture. Meaning that there’s no financial institution backing this investor. A good example of a private money lender would be a friend or family member — anybody in your inner circle — or an individual investor who was intrigued by your proposal and wants to be a part of your investment. Read more in detail HERE> on private money lending.

Hard money lending

Is something that lives between private money lending and conventional bank financing. Though hard money lending doesn’t require the usual hoops to jump through that conventional financing does, hard money lenders are semi-institutional and do have their own set of established criteria.

We would recommend both types of lending should be part of an investor’s financing tool box.

Proper Documentation for a Hard Money Loan

For more information on how to prepare for a private money loan or you have an inquiry, contact Gold Bridge Capital Solutions.

Gold Bridge Capital Solutions:

Phone: 855-501-8725 or 916-236-5075

Email: info@goldbridgecs.com

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