Tag Archives: startups

Blackhawk Puts Best Forward in Peer-to-Peer Lending

Since its establishment, Blackhawk Investments Corp has been in the forefront of peer-to-peer lending to provide a platform where investors can connect with borrowers looking for mortgage loans who cannot obtain it from conventional lenders such as banks. Traditional lenders are likely to turn down borrowers based on their in-house policies or other imposed guidelines, which results in many borrowers being locked out of the service. In such circumstances, borrowers turn to P2P lending platforms like Blackhawk where they can have their loans processed in the shortest time possible without many restrictions.

Blackhawk is exceptional in funding commercial loans that borrowers can use to fund their mortgages in the real estate market. With its improved strategic partnerships, the company has been able to expand its customer services. It can now process small loans between $50,000 and $500,000 faster to meet the growing number of clients. Additionally, the company has introduced equity crowd source funding as well as self-directed IRAs, which many investors find beneficial.

When many traditional banks left the investment and commercial mortgage market, it created a gap in the real estate investment market that needed to be filled. To fill the gap, companies such as Blackhawk have stepped in with P2P lending strategies to make money available for borrowers to fund projects in real estate. As a borrower, you can access credit in a faster and easier way than with other traditional lending platforms. On the same note, the lender benefits by charging high interest rates on the loans disbursed. This makes the whole process a win-win situation with low risk, as all loans are backed by real estate properties.

Blackhawk makes it possible for borrowers and lenders to interact and negotiate on a user-friendly platform that makes the entire process transparent. Since there is no intermediary, the process is faster and very direct with both borrowers and lenders interacting on an online forum. The whole process takes place in a click of a mouse, making it convenient for both sides as long as they are connected online.

While many service providers offer P2P loans, Blackhawk stands out as the best provider based on its friendly terms and transparent process by which it enables the lenders and borrowers to interact. It is quick, without hurdles, and both lenders and borrowers find it advantageous.

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Vincent Garibaldi

Peer-to-Peer Lending in Real Estate and Startups

Raising capital can be a tricky process for startups. Banks will offer them stringent terms on loans that they cannot fulfill, and family and friends may lack enough faith in your idea to make a large investment.

This is where the concept of peer-to-peer lending becomes ideal. In P2P lending, investors look at various projects and handpick which one(s) to invest in. Lenders are shown the business requirements, how it will be run, its expected income stream, and the beneficiary’s credit history.

Peer-to-peer lending is conducted purely online and is as legitimate as any other lending platform. Loans can be secured or unsecured depending on the platform chosen – Blackhawk Corp, for example, uses real estate to secure their loans. Similar to bank loans, there is some interest that will be paid upon repayment of the loan.

Crowd source funding (CSF) should not be confused with peer-to-peer lending (P2P). CSF is still a number of investors contributing towards the success of your project, but there is no interest paid back. However, you may have to give out part of your equity since those investors will become shareholders. This labels CSF as equity investing. As an investor, P2P lending gives you capital preservation and a constant income stream as the loan is repaid. The projects are of course vetted, lowering the risk of investing in a project that will not succeed. CSF doesn’t offer an assurance of repayment, so the risk involved is much higher.

Choosing loan security as commercial property, like shopping centers, office buildings, apartments, or industrial warehouses is known as commercial mortgage. Commercial mortgage brokers manage the process for you by finding the appropriate quotes from lenders and overseeing the financing. They usually require a fee upfront to process the paperwork, and the terms of the loan are made to suit both the lender and the recipient in terms of the loan amount, repayment term, and interest rate.

Both borrowers and lenders in the real estate market stand to gain from the gap left by banking institutions using commercial mortgage brokers.

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Vincent Garibaldi