What Are Hard Money Loans?
March 4th, 2008
Hard money loans are a type of asset based loans similar to bridging loans. They are usually tied to real estate and have a much higher interest rate than traditional commercial property loans.
They are often used by businesses in distressed financial situations: eg. as bankruptcy or foreclosure is imminent.
Learn more about: hard money loans.
[Keywords: hard money loans, loans, money, business, property, property loans ]
Entry Filed under: Credit Repair, Commerce, Business