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Private Lending

Private Lending

You’ve Been Pre-Approved, Now What? Private LendersHaving issues gaining traction with traditional lenders,
despite your well-established equity? TeamClinton can help with that, too.

As entrepreneurship continues to pick up momentum in Halifax (and Canada); is it any surprise so too has the practice of using a private lender?

Private lending; borrowing from an individual or company instead of a bank, can be an alternative to traditional financing for transactions considered higher risk- like entrepreneurs without a dependable income.

Typically, private lenders’ rates are much higher than traditional lenders. This is why TeamClinton uses it as a stop-gap until we can get our clients back into a traditional lending agreement.

If you’re having issues becoming approved through traditional channels, and have equity, a private lender may work for you. Contact us today to get started on your homeownership action plan!

In the Blog

Normally you can find this at retail stores across Halifax and Dartmouth, but we wanted to make it even easier for you to get a copy.

The entire guide is available online to view or download, and to make sure you’re staying safe at home, you can now request a print copy by mail, free of charge, anywhere in Nova Scotia!