Anyone using Virgin Money for private lenders?

[Jean T.]

I came across Virgin Money a few months back. They seem to basically provide the paperwork needed for loans between friends and family. Months ago, it seemed that had just started, but apparently, they purchased CircleLending.

At any rate, I'm now looking for private lenders for my real estate business. I've used hard money for the couple deals I've done thus far. I'm thinking that this service could be used to make sure that you have the proper paperwork with private lenders. In light of the potential coming regulations, thanks to Bernie Madoff, I think it will become important to ensure you have your paperwork set up properly with private lenders.

I've seen a number of questions on BP about people not being entirely certain about how to set up a relationship with a private lender. I don't know either. You can do all the reading and research you want, but won't really know how it all works until you do one yourself. So I'm wondering if anyone on BP has used the services of Virgin Money to borrow or lend money. If so, how did it go? What do you think of them?