Stockton in California Welcomes a Foremost Hard Money Lender into its Fold to Offer Its Residents Mixed Use, Residential, Commercial and Industrial Loans – Even for Those with Past Credit Problems.
Stockton, California had the dubious distinction of filing for bankruptcy at the time of the 2008 financial crisis. Thankfully, it exited this unenviable situation in 2015, but it’s anyone’s guess how many of its residents were taken down the same road at the time. FICO scores and credit issues are products of such traumatic events, and these unfortunately handicap investors eager to enter the Stockton industrial, commercial, mixed use and residential property markets with first and second lien loans today. PB Financial Group, a top rated hard money lender that has made a big impression in many Californian cities, has committed itself to lift the city’s afflicted residents out of this credit quagmire.
Our company is fully versed in the spectrum of available financing options for real estate, including bridge loans, long-term private financing, private money loans and investor loans. Going even further, we can offer this to individuals, partnerships, trusts, corporations, LLCs, estates and foreign nationals across all property sectors. The secret to our success is really an open secret: We do what needs to be done better than anybody else, namely: find equity, no matter how small, in the targeted property. Our honed team of loan professionals is adept at analyzing every piece of client and contract information. That’s how we overcome the negativity that obstructs most agents when they interface past credit record issues. Even if we can’t get down to asset equity, we have strategies entrenched in cross collateralization that have helped many customers.
Refinancing of business loans (with no cash out limits) to negate the effects of rising interest rates is an interesting and newly popular funding method. As a private money lender, we are seeing more and more pressure from clients to make these arrangements and as a result we have become experts in this specialist field.
With all the diverse loan aspects expounded above, the biggest attraction in working with us is the loan securing process we have engineered. In a nutshell, it is this: no matter the size of the loan ($50,000 or $2 million), no matter what the client’s credit scores reflect (from poor to excellent) we strive to deliver the best possible result reliably and with speed. We do this time and again simply because everything we do is clear to all parties and the so-called “small print” cannot upset big decisions anymore. Moreover, we succeed in getting our clients the lowest interest rates for the category of loan they are seeking, and the most reasonable loan redemption terms possible. The thing that stands out the most is that the process is always moving forward and there’s seldom frustration from delays and indecision.
Stockton is back on its own two feet and with the support of PB Financial Group, so are its worst affected residents. Property opportunities are no longer for only those untouched by past recessions and bad luck. Many ills are forgiven under the leadership of an incisive, focused and real estate savvy hard money lender like us.