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Updated over 5 years ago,

User Stats

44
Posts
15
Votes
Matt Hiley
  • Lender
  • Ellicott City, MD
15
Votes |
44
Posts

Hard Money Lender - What does Advance of draws mean to you?

Matt Hiley
  • Lender
  • Ellicott City, MD
Posted

What does Advance draw system mean to you?

For many investors liquidity is crucial to scale their business and be able to do more projects at once. Here at Temple View Capital we want to help our borrowers achieve their goals and one way we do this is by advancing draws instead of having our borrowers self fund each portion of their draws until the work is complete and wait to be reimbursed. The impact this has on the borrower can really change their business for the better, and can allow them to carry less debt throughout the project minimizing the affect that can have on their credit. If you would like to find out more about working with Temple View Capital and get terms on a deal you are working on please reach out to me at 704-488-2933 or by email at [email protected]!

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