New Providence Capital

Phone: (214) 444-3609

Address: 4809 Cole Avenue Suite 335
Dallas, Texas 75205

Website: http://newprovidencecapital.com/

Email: michael@newprovidencecapital.com

States They Lend In: Texas, Florida, Georgia, North Carolina, South Carolina, Arizona, Tennessee, Nevada, Colorado

New Providence Capital is a Direct Lender specializing in financing solutions for the commercial and residential real estate industry. Over 40 years of combined experience in the real estate industry gives us the knowledge and agility to respond quickly with financing solutions to meet your needs.  We source the lending opportunities, underwrite the collateral, originate the loans, handle all of the servicing and asset management, and hold all loans on our books.

• Loans from $500,000 to $6,000,000
• Most Asset Types

A private money loan has more advantages than you may realize, let us show you how.

Lending Program

Lending Parameters
Loan Amounts: $500,000 – $6,000,000
Loan to Value: up to 65%
Rate: 11% – 13%
Origination Fees: 2 to 3%
Term: 1 to 2 years First Lien Only
Lending Area: Texas, Florida, Georgia, North Carolina, South Carolina, Arizona, Tennessee, Nevada, and Colorado and most major metros throughout the Southern US.

New Providence Capital lends on most property types including:

• Land
•  Residential Lot Development
• Multifamily
• Office
• Retail
•  Industrial
• Condominium/Townhouse
• Mixed Use
• Mini Storage
• Hotel/Motel