What is the maximum you will invest or lend?
Generally between $50,000 – $500,000. An investment or loan of this size is directly backed by real estate.
Do you lend in all provinces?
We prefer to lend in Alberta, Manitoba, Ontario and Newfoundland.
Equity is available nationwide.
Do you give unsecured loans?
In some cases we grant unsecured loans of under $10,000.
More information about our products is available here.
Is your funding always short-term?
Private capital is generally more expensive than traditional financing offered by Canadian banks and credit unions. Our customers often use our products as a “bridge” until they refinance or sell the asset.
However, we also offer longer-term lines of credit for those who seek flexibility.
Will you consider “messy” deals, including ones with tax arrears?
Yes, as long as all of the obstacles are disclosed up-front.
What documentation is required for funding?
Our due diligence varies per transaction, but we often require:
- valid and verifiable ID
- business documents, such as articles of incorporation
- proof of income and ownership
- tax returns
- appraisals
What happens after funding?
Customers are given an online account and a direct line to an agent if questions arise.