Should I use another Hard Money Lender

[Alex Hamilton]

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?

[Curt Davis]

@Alex Hamilton

Personally if you are having to borrow $3,600 you might want to reconsider what you are doing.  I am not picking on you by no means, just never heard of anyone borrowing such a low amount, I am surprised there are companies willing to make such a small loan, maybe thats why the fees are so high. 

Good luck