Smaller Cities in California like Lancaster are in Dire Need of Hard Money Lending Services for Residents Hampered by Credit Problems when Investing in its Industrial, Commercial, Mixed Use and Residential Property Markets.
Big cities and smaller cities in California share similar economic fluctuations, emphasizing that in this respect size doesn’t matter. One city in the smaller category is Lancaster located in the Antelope Valley. In other words, don’t let size blind you to the true facts: the influx and firm establishment of a mainstream industrial presence is unmistakable. At the last count, Lancaster was the chosen centerpiece location for Hyundai, Lockheed Martin, BAE, and NASA – a cross -section of the best in corporate America. This rising activity has created a prodigious volume of job opportunities and improved living for Lancaster residents, who over the years have taken advantage of investing in its industrial, commercial, mixed use and residential real estate markets.
Unfortunately, the big recession that hit the country in 2008 did not leave Lancaster unscathed. Many of its resident investors collapsed under the weight of funding that obliterated their credit ratings and plummeted their FICO scores. The resurgence of property values after 2012 excluded these beleaguered individuals and entities from being granted reasonable first and second lien loans. That is until PB Financial Group, the most go-ahead, proactive hard money lender in California, got its teeth into this unfortunate situation. We arrived with a cast-iron reputation that promises individuals, partnerships, trusts, corporations, LLCs, estates and foreign nationals with damaged FICO records a promising entry to even the most restrictive opportunities.
We made huge inroads into the real estate funding markets simply by outstripping our competitors at every turn. Firstly, we use our unsurpassed resources to separate out the equity value in the property; then, with no further ado, we balloon the small print so all relevant parties can assess the terms of loan redemption. From there it is a simple process to secure the lowest interest rates and lender approval in one neat package. The most notable item in all this is that our agents treat $50,000 loan clients and clients seeking $2 million with equanimity at all times. In a nutshell: we work closely with Lancaster residents to get speedy, efficient results without compromising the traditional PB integrity.
In a few cases, assets under evaluation simply do not meet equity content standards. That generally does not hinder us in our quest to deliver client satisfaction. We are famous for our cross-collateralization strategies, as we also are for refinancing businesses with no cash out limits. We can say with confidence that in a rising interest rate environment that both these relatively new developments work very well.
Private money lending in Lancaster has given the city’s residents a new lease on life in more ways than one. They can approach new real estate opportunities with confidence, knowing they have PB Financial Group close by to arrange private money loans, bridge loans, long-term private financing or investor loans. We have achieved a high degree of client satisfaction by staying focused and staying honest in every deal. We expect to grow from strength to strength even though, to reiterate, this is one of California’s smaller cities.