Why Non-Bank and Private Funding

Banks are built to lend against a scorecard. Non-bank and private lenders are built to lend against a deal. For developers and asset-backed borrowers, that difference is often the difference between doing the deal and missing it.

What non-bank funding does that banks will not

• Higher leverage, which preserves your equity and lifts return on equity.
• Speed, because the credit decision is closer to the deal.
• Flexibility on pre-sale, structure and security.
• A lender who reads the story, not just the score.

The trade-off, honestly

Non-bank capital usually costs more than a bank rate. The point is not to pay more for its own sake. It is that the right structure, at a higher rate, can deliver a far better bottom line once you account for leverage, speed and the deals it lets you do. Price is what you pay. Value is what you get.