WHY YOU WANT A HARD MONEY DIRECT LENDER
LAUNCHPAD CAFÉ, LLC
Our Loan Products
1st, 2nd, 3rd Mortgage
Hard Money Real Estate Loans
Hard money loans are based on the loan-to-value in addition to security position.
- single family homes
- apartment buildings
- mixed use properties
- industrial properties
- retail properties
- NNN properties
- in-fill unimproved properties
- rehab residential or commercial properties
- special use properties
- storage facilities
Ask us if you have properties that don’t fit into a category
Wrap-around Mortgages
when there is a pre-existing mortgage on the property that you don’t want to pay off because the interest rate is low, or the loan has a prepayment penalty, let us structure a wrap-around mortgage that preserves this loan for you after our loan is paid off
Lines of Credit
Hard money lines of credit
Start Up Business Loans
Loans for entrepreneurs who have great ideas and excellent focus
Debtor-in-Possession Financing
Post-filing bankruptcy funding
Pre-Approval Letters
Put some extra financial strength behind your projects
No Prepayment Penalties
Our borrowers can prepay their loans in part or fully at any time they choose without additional cost or penalty
Collectible Financing
Loans based on collections of different types of assets where there is value in the collection itself (e.g. stamps, automobiles, art, aircraft, jewelry, coins, rare letters, works of a particular artist, antique chess sets, and so on)
Intellectual Property
In certain cases, trademarks, and copyrights (as well as patents) may have collateral value for lending purposes; books, music, art, and so on, can all be considered in appropriate circumstances
Accounts Receivable Factoring & Financing
Credit-based accounts receivable funding
Standby Guarantees (project financing)
Add security to a project when you need it
Unimproved Land Lending
“raw” land as well as partially improved land may be acceptable collateral
Pre-Public Financing
Companies contemplating a public offering, or a reverse merger need funding for legal and accounting expenses and we are always ready to consider these requests
Inventory Financing
Every business has the need to manage their inventory process to ensure a satisfactory level of goods on hand and in the ordering pipeline
Interest Only Payments, Monthly
To keep payments to a minimum, our loans typically require the payment we require payments of monthly interest only
6 Month and 1 Maturity’s (extensions are always considered)
To match the terms of our funding with the needs of our borrowers, we can modify the maturity dates of our loans to fit the project
Multi-State Collateral is Accepted
We have experience at closing loans using collateral in many states simultaneously, or sequentially, as our borrowers select
Limited non-recourse financing
While in our lending history, non-recourse funding is not a common place occurrence, in special cases, borrowers may request special consideration of non-recourse funding
Fixed and floating rate interest rates are available
In view of the uncertainty of both short- and long-term interest rates, our borrowers always have options to choose between a fixed or a floating rate for their loan
Limited cosigning for exceptional projects
To add financial strength to our borrowers’ projects, our loan committee will consider partial or full co-signing of projects selectively
Conditional Letters of credit (private)
Letters of credit are typical in purchase transactions, construction projects, and projects wherein additional financial strength is required to make a project work
Equity participations to lower financing costs
in some limited circumstances when projects have sound planning and good management teams, our loan committee has accepted small equity participations in these projects to lower the interest rates on the loan or when the collaterals value is on the border of what is acceptable for the loan that you need
Mixed collateral will always be considered
a loan can consist of many different varieties of collateral; real estate may be augmented with collectibles, which may be augmented with receivables, and so on; our goal is flexibility to meet the needs of our borrowers
Co-signors are welcomed
some borrowers need additional strength and are fortunate enough to have others that they can ask others to join with them to obtain a loan approval
Option/purchase financing
when appropriate, taking an option to purchase property requires less money than to pay for the property in full at the closing
Construction Lending with additional collateral
construction lending can be considered if there is professional oversight into the construction project; additionally, these projects can often be funded with sufficient additional collateral
White label funding programs
some companies are eager to offer financing programs to their customers and they want it to be a seamless transaction through the eyes of their customers; we can design programs to be branded with our customers logo, name, and other company identification to accomplish this goal
Special industry funding programs
we have experience at developing special industry programs to accommodate the needs of special financing circumstances of each business model; if you have a special need and are having trouble finding a money source, ask us about our specific industry financing programs