Asset based lender USA

With the U.S. trying to get back to a more normal economic basis, and COVID-related SBA loans, loan forgiveness, and foreclosure moratoriums likely to end, it’s probable that we will see an avalanche of business and commercial real estate loans in default. A significant percentage will have no hope of getting current or being paid off at maturity.

The financial institutions holding these loans will be forced to either classify them as non-performing or be willing to sell them at a significant discount and write off the loss. If you’re a Asset based lender USA with a loan situation that looks impossible to refinance, consider contacting a company like Private Mortgage Finance that’s willing to make an offer to buy the note from the current lienholder, and restructure the terms with the borrower to create realistic payments afforded by the property’s cash flow. Of course, we also fund traditional refinances and commercial property purchases.