Is This Direct Hard Money
Lender trustworthy?
There are plenty of honest direct hard money lenders out there who are looking to fund profitable deals.
Regretfully, however, some are actually running a scam and giving the industry a bad name.
Your financial safety and protection is important. So it's imperative that you choose a reputable hard money lender from the start.
Here’s a question posed by business owners just like you…
Your Question
How can I tell the difference between reputable hard money lenders and their rival scammers?
Real Answer
How can I tell the difference between reputable hard money lenders and their rival scammers?
It may take some due diligence of your own.
Here are some things you should find out about a hard money lender before ever doing business with them.
1.) Ask if they charge any upfront fees.
Although there are some reputable hard money lenders who charge upfront fees, there are many who do not.
Scammers know that some do charge upfront and so they position themselves accordingly.
It suits them because they can collect the fees and run, hanging you and reputable lenders out to dry.
My advice then is to choose a hard money lender that doesn’t charge any upfront fee at all.
2.) Do they promise you the world on a magic carpet?
Do they claim to be able to lend when no one else will? Do they lend without supporting documentation, without property as collateral and etc.?
If the answer is yes, they’re most likely a scammer.
3.) Are they a real business?
How long have they been in business? Did they start doing this last week? Do they have a real address, phone number, e-mail and website?
4.) Are they members with any industry trade organizations?
Are they a local chamber member? What is their status with the BBB?
All of these questions will certainly guide you in your due diligence process.
Ever Been Scammed By A "Direct Hard Money Lender?"
Do you want the world to know about it?
Here's your chance to protect others from harm.
Would you define them as a phoney, a “loan shark," or worse?
Share the story of your worst “loan shark” experience and how you reacted to it.
Please provide any tips you suggest on how we can protect ourselves and others.
What Other Visitors Have Said
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The "One more thing" lender 
Bronlen Financial Group DBA BFG run by Raquib Abduallah is one to watch out for. He got the process down to an art form. You will get your LOI, appraisal …
At Guide-to-Business-Loans.com, we will do the research for you.
That way you’ll be sure to know whether you dealing with a real direct hard money lender or a rival scammer.
We have solid relationships with hard money lenders that have been in the game for decades.
If you're curious about the reputation of a hard money lender, feel free to Contact Us for more information and detailed due diligence.
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