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Hard Money Lenders Fill Void During COVID-Driven Economic Downturn

By April 24, 2020June 29th, 2023Blog
Hard Money Lenders Fill Void During COVID

As financial institutions pull back due to the sudden downturn in the economy, there is a large void that needs to be filled to help equity-richproperty owners cover essential expenses during the temporary paralysis in economic activity caused by COVID-19.

There is no doubt that the economic fallout from the Coronavirus pandemic will be severe. The decline has been steep already and we are still wading through the COVID-19 crisis. The federal government, along with large banks and traditional lenders, are unable to provide quick assistance for many small businesses and property owners. PB Financial Group Corp. is here to help and fill the void. We provide equity-based lending for real estate properties and provide numerous hard money loan options to investors, rehabbers, probate estates, etc. Contact us today to learn more.

There are an array of benefits associated with obtaining a hard money loan in Los Angeles and elsewhere in California. Some of the most notable benefits include:

  • Getting the Cash You NeedQuickly –securing important funds through a hard money loan typically takes just a few days;especially important during the current social and economic predicament. Whereas traditional financial institutions that could take weeks or months to approve a loan application.
  • Flexibility– There is a level of flexibility associated with hard money loans in Los Angeles. For example, there is the possibility to pursue a loan that make sense for both the lender and borrower based upon current economic conditions.
  • Direct Contact with the Principle, Not a Bureaucrat – When you apply for a hard money loan in Los Angeles,BP Financial Group, you have the ability to speak with a principle who can make a decision based upon your specific needs. This is in stark contrast to large banks that often feature multi-member loan committees that have to provide input before a decision can be made on your loan.

Take Action Today – Speak to an Experienced Hard Money Lender in Los Angeles

At PB Financial Group Corp, we have been providing quick funding since 2006 and have funded over 2000 hard money/private money loans helping our clients with valuable property acquisitions, development, bankruptcy discharges, probate resolutions, and so forth. For further information or to schedule a consultation, please contact PB Financial at 877.700.3707 or visit www.CalHardMoney.com to learn more.

PB Financial NMLS #357614/DRE #01522495

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