SAN ANTONIO, TEXAS, USA, July 8, 2022 /EINPresswire.com/ — ProActive Commercial Lending Group, LLC, a Texas-based private lending institution, recently launched lending programs to help real estate investors obtain private money loans in texas from the nation’s leading private lenders. These programs offer more flexibility and fewer restrictions than traditional banks, allowing investors to meet their needs and follow the American dream.
Programs range from 6 months to 30 years, so borrowers have the time they need to grow. The institution’s no-penalty prepayment program makes it easy to prepay the loan if things turn around sooner than expected. Their withdrawal program is designed to help home buyers update their property quickly and easily. Their buying program makes your next investment possible right now, while the business ecosystem is good!
Private money loans under these programs are different from conventional loans offered by banks and other financial institutions. So they have more relaxed credit and ownership restrictions. Real estate investors who are not eligible for traditional loans due to real estate risk or poor credit ratings can apply for these loans to secure their real estate transactions. An added benefit for investors is fast loan processing, which prevents them from missing a deal on a tight deadline. And while most private money loans in Texas have a payment term of around twelve months, loans from ProActive Commercial Lending Group, LLC, can last up to 30 years, depending on the borrower’s financial situation. .
At the launch, founder Bruce Myles said: “We now offer private money loans for up to 30 years and, in some cases, set the total term. We do not buy property and have no desire to own your property. It’s none of our business. However, our money is there for you to invest in your project and pay back as soon as possible, allowing us to repeat the process for future dreamers. Most of our loans are for two to three years. At this point, most business owners have resolved the issues that were holding them back from traditional lending, and are welcomed by their previous banks or institutions and are once again taking advantage of the new low rates available in this positive market.
ProActive Commercial Lending Group, LLC aims to help more commercial investors interested in growing and expanding their portfolios in South Texas with their programs. For years, the region has been one of the safest and most stable markets for property investment. Thanks to its labor market and its economy, it is flourishing, associated with the development of public facilities and infrastructure.
About ProActive Commercial Lending Group, LLC: ProActive Commercial Lending Group, LLC, is a private lending institution founded by Bruce Myles in 2003. It provides services that connect small and medium-sized businesses and investors with private lenders for their financial needs.