Out of the Box Financing Helps Future Real Estate Owners Gain the Tools They Need for Success in Competitive Markets
Lenders like First Financial Capital have the tools, resources, and highly experienced executives to help their clients gain the commercial advantage
LOS ANGELES, March 2, 2015 /PRNewswire/ -- Investing in real estate can be a highly rewarding and lucrative endeavor, but it's not without its challenges. The price of admission for starting a new venture, business, or enterprise can be quite steep; especially in highly competitive locations in and around the Los Angeles Area. Potential owners looking to secure their first investment opportunity often experience difficulty while attempting to secure funds from banks and traditional lending agencies. Though the American economy continues to show consistent signs of healthy and sustained growth, most banks are still hesitant to lend to real estate investment groups or individuals without an overabundance of red tape or attached strings that are disadvantageous to the loan receiver. Lenders like First Financial Capital, however, offer an excellent alternative to the traditional lending process with personalized bridge loans for Los Angeles area investors looking to get their feet off the ground.
In the past, banks have long been the go-to option for investors and new owners looking to establish themselves. Because beginning a new venture takes a considerable amount of initial funding, most organizations and individuals pursue loans to help them get their start and secure their assets. Unfortunately, banks tend to have very stringent, narrow parameters for their lending process, and it can be challenging for investors to find a program that's conducive toward their specific needs.
In addition, most banks aren't interested in or capable of working with a lender on an individual basis to determine their loan eligibility, and instead rely on blanket metrics like credit scores to determine their status. Such economic gauges often fail to properly convey a client's true financial status and overlook important qualities that could make a borrower more than qualified to receive financial backing. Lenders other than banks that offer nontraditional assistance through out of box financing are much more adept at working with borrowers on a case by case basis to better determine their status and get them approved for the funds that they need.
The highly experienced financial team at First Financial Capital has been providing out of the box financing in Los Angeles for over 30 years, and works closely with borrowers to help them get financing through a program that best suits their individual needs. First Financial Capital is a fully capitalized 100% portfolio lender and their expert agents have the experience and firsthand knowledge to help borrowers stay competitive. By practicing exception based lending that focuses individual attention on their clients on a case by case basis, First Financial Capital provides solutions that are quicker, smarter, and able to leverage short-term benefits without compromising long-term ROI. To help investors with less than perfect credit gain the financing they need for success, First Financial Capital bases their loan qualifications on property value and not a credit score. For more information on how First Financial Capital can help you make the most out of your new investment, contact an agent today for a free consultation at (310)694-5060 or reach First Financial Capital online at www.firstfincap.com.
broker license number: CA DRE 01523939
PR Submitted by www.Cyberset.com
SOURCE First Financial Capital
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