CHATTANOOGA, TENNESSEE, UNITED STATES, Jan. 16, 2023 /EINPresswire.com/ — Apartment loans are specifically designed to help business investors find capital to finance profitable real estate investment properties in Chattanooga, which has one of the best apartment rental businesses in the country.
ProActive Commercial Lending Group, a leading private lending company, recently announced a plan to help commercial real estate investors looking to invest in Chattanooga property with their apartment loans. The company leverages its in-house programs and all the benefits of longstanding relationships with the nation’s top private lenders to offer easy-to-obtain hard and soft money loans at low interest rates that are ideal for commercial real estate investors.
Chattanooga apartment loans from ProActive provide a great benefit to investors as they are much more flexible and do not have the stringent eligibility criteria required by traditional banks and other lending institutions. This makes the loans accessible to potential borrowers with less than stellar credit histories and financial stability.
Apartment loans for real estate investors in Chattanooga have terms ranging from 6 months to 30 years. These multi-term options give borrowers time to improve their finances so they don’t feel financially pressured or encumbered while paying down the amount. To increase the benefit of borrowers, the terms of private money lending have improved in recent years, resulting in lenders feeling that repaying their loan programs is a sound and profitable investment. This allows ProActive to be more lenient with your requirements and offer larger amounts than other lenders.
Chattanooga apartment loans have no prepayment penalty, so borrowers can repay loans early without incurring any fees if their financial condition improves substantially sooner. Cash-out programs make upgrading a property quick and easy, and the buy-out program makes it possible for clients to secure their next investment while the business climate is good.
Speaking about the apartment loans, company founder Bruce Myles said, “The loans are specifically designed around the needs of Chattanooga real estate investors and not the other way around. We have made our apartment loans flexible so that they are different and much easier to borrow than loans provided by traditional banks. We take advantage of our in-house programs and all the benefits of longstanding relationships with the country’s leading private investors, and aggressively apply them to our lending schemes.”
About ProActive Commercial Lending Group, LLC: ProActive Commercial Lending Group, LLC, is a private lending institution founded by Bruce Myles in 2003. Since its inception, the group has been offering services that connect small and medium-sized businesses and investors with lenders private for your financial needs
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