Morrison Eugene

Manager at Equity Credit Lending - Worcester, Massachusetts, United States

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HQ
Location
Worcester,Massachusetts,United States
Company
Equity Credit Lending
Morrison Eugene's Company Details

Equity Credit Lending

Worcester, Massachusetts, United States • 2 Employees
Real Estate

Equity Credit Lending LLC, we are dedicated to you and all your different real estate lending needs. Our goal is to provide real estate investors, flippers and rehabbers with the needed capital to fund their projects and increase their returns via the use of leverage. Equity Credit Lending is a direct private lender, sometimes referred to as hard money lenders, private money lenders, asset based lenders or trust deed lenders. As a private Trust Deed lending company, we have the capacity to be very flexible in our loan approvals. Banks and institutional lenders are more concerned with a borrower's credit worthiness and documentation. We on the other hand put more emphasis on the deal, the amount of dollars a borrower can put in the deal and the ability to repay the loan with a clearly defined exit strategy.Using a rigid set of lending criteria, Private Capital Partners positions its Real Estate secured loans to support a superior success rate. With requiring such a high equity buffer in our loans, we place our loans in a much safer position than others. We also lend on a short term basis, this means during market adjustments, our projects are completed and we are quickly onto the next project within the current market. We apply a heavy assessment on the subject property, this means we ensure the equity is there and the market will support the project. These are some of the reasons we have a formula for success

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