{"id":455,"date":"2016-06-22T17:55:18","date_gmt":"2016-06-22T17:55:18","guid":{"rendered":"https:\/\/blog.calhardmoney.com\/?p=455"},"modified":"2023-06-29T12:08:43","modified_gmt":"2023-06-29T12:08:43","slug":"rejected-by-the-bank-try-private-moneylenders","status":"publish","type":"post","link":"https:\/\/www.calhardmoney.com\/blog\/rejected-by-the-bank-try-private-moneylenders\/","title":{"rendered":"Rejected By the Bank? Try Private Moneylenders"},"content":{"rendered":"<p>Applying for a loan can be a daunting and stressful process and especially so if the bank has rejected you. However, this does not mean your dreams of becoming a business owner are over. Instead, the answer to your problem may reside with private moneylenders.<\/p>\n<p>Private moneylenders provide hard money loans, which are loans that are secured by the equity of a real property. Private Moneylenders are private individuals or organizations that still abide by the same federal and state usury laws that banks abide by; however, there are fewer restrictions governing them.<\/p>\n<p>The truth is that banks can have multiple reasons for rejecting loan applications and it\u2019s not always at the fault of the applier. Not only is the bank\u2019s decision reliant on credit scores and the amount of incoming cash into the business, but also the amount of time the business has been in operation, the amount of collateral the applier can give up, and finally, on how stable the business\u2019s industry is currently in.<\/p>\n<p>While some private moneylenders will analyze FICO scores, most will base their decision on the property value of the collateral. Meaning that there is a much higher chance that your loan application will be accepted.<\/p>\n<p>PB Financial Group Corporation is one such private moneylender. Catering to investors, rehabbers, corporations and other small business owners, PB Financial Group provides <a href=\"https:\/\/www.calhardmoney.com\/\"><strong>hard money loans<\/strong><\/a> to those who don\u2019t quite meet the stringent guidelines set by banks. PB Financial Group Corporation works diligently to provide loan applicants a timely and efficient loan approval process. Applicants normally receive their closed loan 5-7 days within applying including paperwork\u2014sans any problematic issues with the loan applicant\u2019s liens or the title arise.<\/p>\n<p>Going through a private moneylender may be the answer to many struggling entrepreneurs\u2019 problems. PB Financial Group is here to help you succeed.<\/p>\n<p>Visit <a href=\"https:\/\/www.calhardmoney.com\/\"><strong>www.calhardmoney.com<\/strong><\/a> for more information or call <a href=\"tel:3239355555\"><strong>323.935.5555<\/strong><\/a> to speak with an account executive about your possible hard money loan today and get started on your entrepreneurial dreams tomorrow.<\/p>\n<p><strong data-rich-text-format-boundary=\"true\">PB Financial NMLS #357614\/DRE #01522495<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Applying for a loan can be a daunting and stressful process and especially so if the bank has rejected you. However, this does not mean your dreams of becoming a&#8230;<\/p>\n","protected":false},"author":2,"featured_media":1224,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[81],"tags":[4],"class_list":["post-455","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hard-money-loans","tag-hard-money-loans"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Rejected By the Bank? Try Private Moneylenders<\/title>\n<meta name=\"description\" content=\"Are you worried about loan rejection by the bank? 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