California Commercial Hard Money Loans

California real estate investors count on Source Capital to provide flexible funding that’s designed for commercial investors. Take a look at some of the common uses for our California commercial loans below.

If you don’t have permanent financing in place, you can use California hard money loans to cover down payments and short-term rehab costs, or bridge timing gaps between purchase and long-term financing.

You can use one loan to cover acquisition and rehab costs, making interest-only payments to finance improvements and renovations. Once you’re done renovating, you can sell the property or refinance with a conventional lender.

Our flexible loans can help you secure the capital you need to make competitive acquisitions. You can use a cash-out refinance to fund new projects, expand your portfolio, or cover unexpected costs. We make sure our loans are designed to adapt to your situation and simplify your next investment.

Source Capital makes getting approved for a California commercial loan easy. Check out our easy four-step loan process to find out how to get started.

Get started by filling out a brief online form or calling us. You’ll need to provide the property address, loan size, purpose, and borrower info. If you’re pre-approved, you’ll receive instant pre-approval online or over the phone.

Now you can start uploading your documents using our secure online portal. We’ll need your title report, appraisal, and entity formation documents. Our underwriting team will complete a review of your application within 24 hours, and you’ll receive updates via the portal.

Next, we’ll arrange for signing final loan documents. You can electronically sign any documents you need to sign at this stage, so you don’t have to worry about traveling to sign anything.

After you sign everything, we wire funds to Escrow within 24 hours of signing. You can track your loan in the portal, and you’ll receive monthly statements automatically.

We’re proud to help Californians across the state secure funding through commercial hard money loans. Join the many who choose Source Capital as their trusted lender. You’ll get:

• Competitive Rates and Transparent Terms: While hard money loan rates can skyrocket as high as 15%, ours begin at just 8.99%. Our dedicated loan officers will walk you through the terms of your loan, any additional fees, and other details. You’ll never be hit with hidden fees, penalties, or surprises.
• Flexible Underwriting Criteria: Unlike traditional lenders who qualify borrowers based on credit scores and income documentation, Source Capital primarily looks at property value and available equity. Those with poor financials or credit, a history of bankruptcy, or other less-than-ideal financials are welcome to apply.
• Rapid Approval and Funding: Source Capital specializes in quick loan approvals and rapid funding, typically within 7-10 days. That way, investors can quickly secure and capitalize on lucrative, time-sensitive opportunities.
• Serving all 58 California Counties: We tailor asset-based financing around your goals. Whether you need a first-lien loan in Silicon Valley or a second-position bridge loan in the Inland Empire, our in-house team moves with certainty and speed.