Immediate Funding & Honest Service Download PDF
Challenge
A builder was pre-approved for financing on his next project. When the ideal property came on the market in Oregon, the builder was not surprised to learn it was getting multiple offers. An immediate closing was the only way to set his offer apart and satisfy the seller, but his bank couldn’t move fast enough.
Because he’d worked with Private Lenders Group (PLG) in the past, the builder knew he could trust PLG to make a fast decision and come through with the interim financing.
Result
PLG was able to evaluate and finance the builder with a bridge loan in record time, and the property was his. “We can respond more quickly than a bank,” said Jeff Pyatt, PLG President. “And we like to look our clients in the eye, shake hands, and be clear about our process. It’s that simple. We pride ourselves on treating people with respect.”
Part of that respectfulness is understanding time constraints and being responsive. The builder said that although the process was immensely stressful because of the time constraints, working with a sensible, responsive, and personable lender who knows about that stress made the experience much easier.
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