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Updated almost 10 years ago,
Should I use another Hard Money Lender
They say doing the same thing over and over expecting a different result is crazy. I want to know if I'm about to do something Crazy. I'm paying Can Capital $18 per day for pay back on a $3,600 working capital Loan for our property management company. Was trying to pay off Can Capital before being out of a Total of $5,000. Company called Palm National Partners wants $75 to $80 per day for $5000. Both these so called hard money lenders, claim they help a company Grow, and will advance more after this initial demonstration. I think they both put companies out of business. What do you think?