Private Lenders

Private lenders are individuals or non-institutional entities that lend money directly to borrowers, such as real estate investors or small business owners, outside traditional banks or financial institutions. They often provide more flexible loan terms, faster approval processes, and are typically interested in specific projects or assets. Private lending can fill gaps when banks are unwilling to lend or when quick access to funding is needed. Borrowers usually pay higher interest rates to compensate for increased risk, and these lenders often emphasize the collateral securing the loan.