You have an unexpected medical bill, a school fee for your kids or a short term urgent business expense that just has to be paid. There are dozens of reasons that good people require urgent short term cash in hand.
What are your options?
1) Put it on your credit card. Downsides? High interest rates and the possibility you might already be maxed out on those cards. We all know that credit card interest rates are ridiculous and so for this reason alone, it's not always a preferred option.
2) Borrow from friends or family. This is an option for a lucky few but certainly not for all. In fact, some people would prefer to keep their financial issues "private" and would seek another financing option if possible.
3) Home Equity Loan. In the last ten or so years, there have been a proliferation of these secondary (non-bank) lenders, willing to provide loans against your property. The process of funding is not quick (new appraisals and paperwork is required) and many people are finding themselves "stuck" with these loans attached to their properties years later, and wishing they had never gone down that rabbit-hole. Make no mistake-these are not traditional mortgages. All you ever pay is interest each month and there is very little potential to "get out" of them. It is no exaggeration to say that eventually, you'll drown in these types of loans.
4) Connect with us: If you have a non-real estate asset which supports the securitization of your loan, you will get funding, no other questions asked. No credit checks. No expensive hurdles to jump through. No reporting to credit agencies. You get your asset back on completion of payment terms. The transaction is 100% confidential and discrete.