Address: 48 Bi-State Plaza # 177, Old Tappan, NJ 07675
States They Lend In: New Jersey, New York, Connecticut, Pennsylvania
Hard Money Commercial Mortgage Loans
Commercial Hard Money programs available.
$500K minimum, nationwide and some areas Internationally.
Email a summary to:
We DO NOT fund owner occupied residential properties.
Hard Money for Real Estate Investors
do you need money for your deals?
Kevin S Clark and Clark Capital Group, LLC has teamed up with Asset Based Lending, LLC (ALB) of Hoboken NJ.
We are a direct lender for real estate investors.
“Fix and Flip” lending program:
•We are a direct “Hard Money” lender for Real Estate investors.
•Ten business days average time to close (quickest loan closed in 4 days)
•Loan sizes $75,000 – $1,000,000
•Initial loan-to-cost; 80% to 90% of purchase, up to 60% to 65% of ARV.
•Loan term 12 months interest only, no pre-payment penalty
•Interest rates = 12% to 14%
•Points = 3% to 4%
•We FUND Non-Owner Occupied residential (investor only), multifamily, mixed use and new construction
•We DO NOT FUND owner occupied residential real estate, loans are made to LLC’s or corporation only
•We fund in NJ/Metro NY / Eastern PA / CT
When you have a loan request you want us to consider,
email me a brief summary; KC@abl1.net