Fast Decision-Making & Responsiveness    Download PDF
Challenge
When he wasn’t able to secure conventional financing from a bank because of past bankruptcy, home builder Bob Canaan was referred to Private Lenders Group (PLG) by a broker who knows the excellent reputation for accessible, responsive, and knowledgeable support.

Building just three to four homes a year, Canaan likes to keep his business in exclusive Seattle neighborhoods small. But as a focused builder of valuable projects, he doesn’t have time to waste.

Result
Canaan found the construction financing and time-savings he needed from PLG.

Construction projects and the financing process always have a variety of issues to worry about, from title issues to other problems. But getting through the whole process was easy for Canaan. “Jeff Pyatt at PLG really zeroes-in on the problem and can make decisions fast,” Canaan said.

PLG did not require Canaan to sit down with a large Board to discuss his project in-depth, and then take a long time to make a decision — his financing came through in 20 or 30 days, he said. “Builders like me really need someone who can make decisions and process things quickly. PLG does a great job of that,” Canaan said.

After PLG made the decision to fund Canaan’s project, “the processing portion was excellent,” Canaan said. PLG made it easy for him to provide what was needed, and when he had questions, there always was a ready answer from the right person.

“Things happened quickly, and I didn’t have to follow up with them over and over. They just got it done and were available when I needed things,” Canaan said. “I have confidence in PLG and would use them again, if I needed to.”