07 Sep Secure a Hard Money Loan in Riverside, CA

Nelson Funding Provides Hard Money Loans in Riverside, CA for Your Next Business Project

Riverside is known as the city of arts and innovation. This culturally diverse city is only 60 miles west of Los Angeles and is where the California citrus industry was started. A number of technology companies are headquartered here, with more and more companies popping up every year. In fact, GOBankingRate included Riverside on its list of best cities to start a small business in. This city has a perfect balance between professional and personal life with plenty of museums, parks, and nightlife venues to explore or end the night at after a day of work. 

One of the primary reasons that small businesses flourish in Riverside is the commitment of the city to making business owners feel at home here. Start-up companies are given the support they need to turn their small business into sustainable, successful businesses. Whether you’re eager to have the city’s support in growing your company or want a good balance between your work life and personal life, there’s no shortage of opportunities in Riverside. However, with so many opportunities comes intense competition. That’s where Nelson Funding comes in.

To help you claim your perfect piece of commercial property, Nelson Funding provides hard money loans in Riverside, CA in a matter of days. With our team, you won’t lose your piece of property to your competition and can turn your business dreams into a reality.

Enjoy Rapid Financing from Nelson Funding

Securing commercial loans is a complicated, time-consuming process. It can take months for your paperwork to be approved and by then, the piece of property you’ve been looking at could be purchased by someone else. Unlike other commercial lending companies, Nelson Funding is a quick-close bridge lender that provides commercial loans in as little as ten days. With our wide range of lenders and investors, we can quickly and carefully match you to a lender that will provide the funds you need to move your project forward. Even after we’ve provided your funds, we’ll continue to support you. We’ll help you secure a traditional commercial mortgage loan. 

Arranging Financing for a Quick Close Office Loan

Here’s an example of Nelson Funding in action and how we can provide a quick close office loan. Riverside is home to a rapidly growing technology industry. Let’s say you’re a tech-savvy person anxious to turn your experience into a business. You decide to start a web design company where you can help your clients build their brand. It’s important to you to be near downtown close to both small and large businesses, so you start looking for an office space downtown.

After some searching, you find a property just off University Avenue near several popular restaurants, retail stores, schools, parks, and churches. The proximity to both the Riverside and Escondido Freeways makes the property highly desirable and you know that this piece of the property won’t stay on the market for long. 

Even if this is your first time applying for a commercial loan, you’re familiar enough with the process to know that it will take time–even if you have all the necessary documents and information already gathered. That’s when you decide to call us. We’ll loan you the money you need to purchase your office space via a hard money loan. This allows you to quickly close the deal and move forward with opening your office space.

Here’s how our process works: 

• Apply: There’s no need to travel to our office or spend hours filling out page after page of application. Our application is available online and is submitted to us directly. Our team of professionals are always available if you have any questions. 

• Review LOI: Once we’ve received your application, our lenders will issue their terms. This usually happens within two to four days of receiving your documents. 

• Complete due diligence: Your lenders will meet with you at the site of your new office space where we’ll complete any due diligence tasks. The appraisal/BPO will also be completed. This usually happens within 7-14 business days. 

• Fund: Our team will do all the heavy lifting. We’ll coordinate closings with the title and use mobile notaries to speed up the process. You’ll have your funds within 10-30 days after submitting your application.

That’s it! Our process is designed to be efficient so you can move forward with your project timeline and get your business operations on your own timeline. 

Simplify the Loan Process with Nelson Funding

If you’re ready to get your small business up and running, contact Nelson Funding. We can provide you with the funds you need to claim your perfect piece of commercial property before you lose it to the competition. In addition to providing hard money loans, we also provide: 

• 10-day bridge loans
• Multifamily purchase loan
• Retail property loans
• SBA, USDA, and conventional mortgages
• Warehouse purchase loan

No matter what type of business you’re hoping to start, Nelson Funding is here to support you. If you’re ready to get started, you can contact us online. You can also email us at loans@nelsonfunding.com or call us at 573-246-7087.