Hard Money Lenders

Behind a failed mortgage company - Concord Monitor

Behind a failed mortgage company Concord Monitor Several developers who borrowed from Farah said they had no choice but to seek out a "hard money" lender who charged upward of 12 percent interest. … and more »

Flipping is sparking a housing recovery - Sarasota Herald-Tribune

Flipping is sparking a housing recovery Sarasota Herald-Tribune But they can tap friends and hard-money lenders — private fund providers who charge high interest rates. That is how Reed bought a two-bedroom house in …

The Siren’s Song that Led Me Into the Rocks of Rehab Over-Spending - Real Estate News | BiggerPockets.com (blog)

Real Estate News | BiggerPockets.com (blog)

The Siren's Song that Led Me Into the Rocks of Rehab Over-Spending Real Estate News | BiggerPockets.com (blog) My lender on this project was pretty skittish at this point in time; many private and hard money lenders had taken a beating over the past year, …

Raid targets illegal money-lending racket - ChronicleLive

Raid targets illegal money-lending racket ChronicleLive “We know from our experience illegal money lenders will target vulnerable people in their hour of need and charge huge rates of APR, meaning they will often …

Sacrifice of 200000 Animals Proceeds Despite Pleas, Prayers - Environment News Service

Environment News Service

Sacrifice of 200000 Animals Proceeds Despite Pleas, Prayers Environment News Service She detailed the ways in which the festival is a profitable enterprise for priests, moneylenders and animal sellers. "The festival is a business, … and more »

Behind a failed mortgage company - Concord Monitor

Behind a failed mortgage company Concord Monitor Several developers who borrowed from Farah said they had no choice but to seek out a "hard money" lender who charged upward of 12 percent interest. … and more »

Flipping is sparking a housing recovery - Sarasota Herald-Tribune

Flipping is sparking a housing recovery Sarasota Herald-Tribune But they can tap friends and hard-money lenders — private fund providers who charge high interest rates. That is how Reed bought a two-bedroom house in …

The Siren’s Song that Led Me Into the Rocks of Rehab Over-Spending - Real Estate News | BiggerPockets.com (blog)

Real Estate News | BiggerPockets.com (blog)

The Siren's Song that Led Me Into the Rocks of Rehab Over-Spending Real Estate News | BiggerPockets.com (blog) My lender on this project was pretty skittish at this point in time; many private and hard money lenders had taken a beating over the past year, …

Raid targets illegal money-lending racket - ChronicleLive

Raid targets illegal money-lending racket ChronicleLive “We know from our experience illegal money lenders will target vulnerable people in their hour of need and charge huge rates of APR, meaning they will often …

Sacrifice of 200000 Animals Proceeds Despite Pleas, Prayers - Environment News Service

Environment News Service

Sacrifice of 200000 Animals Proceeds Despite Pleas, Prayers Environment News Service She detailed the ways in which the festival is a profitable enterprise for priests, moneylenders and animal sellers. "The festival is a business, … and more »

Afternoon campaign roundup: Giannoulias questioned, McKenna backtracks - The Capitol Fax Blog
* Democratic US Senate candidate Alexi Giannoulias unveiled his financial services reform plan today and, as expected, was peppered with reporters’ questions about his own family’s bank … But he immediately was hit with questions about Broadway

What to look for if selling your home with seller financing - Walletpop.com
Think rich people pay cash for 8-digit trophy homes? Think again. According to the Malibu Real Estate Blog, there are 18 homes in the Malibu market where sellers have specifically noted in the MLS listing that they are willing to provide financing to

Sen. Tester holds economic round table meeting in Billings - Billings Gazette
U.S. Senator Jon Tester, center, holds an economic round table meeting at Montana State University Billings. Loading… Benefiting from one of the state’s healthiest economies, Billings business leaders on Tuesday advised Sen. Jon Tester, D-Mont

Afternoon campaign roundup: Giannoulias questioned, McKenna backtracks - The Capitol Fax Blog
* Democratic US Senate candidate Alexi Giannoulias unveiled his financial services reform plan today and, as expected, was peppered with reporters’ questions about his own family’s bank … But he immediately was hit with questions about Broadway

What to look for if selling your home with seller financing - Walletpop.com
Think rich people pay cash for 8-digit trophy homes? Think again. According to the Malibu Real Estate Blog, there are 18 homes in the Malibu market where sellers have specifically noted in the MLS listing that they are willing to provide financing to

Sen. Tester holds economic round table meeting in Billings - Billings Gazette
U.S. Senator Jon Tester, center, holds an economic round table meeting at Montana State University Billings. Loading… Benefiting from one of the state’s healthiest economies, Billings business leaders on Tuesday advised Sen. Jon Tester, D-Mont

about 3 hours ago - Bloodyelbow.com
Im going heavy on money may… he’s a pussy but he’s the best boxer ever. It’s a simple break down: Manny gets hit and Floyd doesn’t. People will say Manny has more power… nope or at least its not enough to make a difference. Floyd doesnt

Kansas banks report net loss in third quarter - WTOP Radio
AP) - Kansas commercial banks posted a net loss for the third quarter as the recession and bad loans continued to punish the state’s lenders. The state’s savings and loans, on the Money set aside to cover potential loan losses also jumped, rising

about 3 hours ago - Bloodyelbow.com
Im going heavy on money may… he’s a pussy but he’s the best boxer ever. It’s a simple break down: Manny gets hit and Floyd doesn’t. People will say Manny has more power… nope or at least its not enough to make a difference. Floyd doesnt

Kansas banks report net loss in third quarter - WTOP Radio
AP) - Kansas commercial banks posted a net loss for the third quarter as the recession and bad loans continued to punish the state’s lenders. The state’s savings and loans, on the Money set aside to cover potential loan losses also jumped, rising

Acquiring Bad Credit Car Loans Without a Down Payment - PR Inside
2009-11-24 16:25:35 - People who have been turned down my numerous lending companies, dealerships and banks often think that getting bad credit car loans is a myth. They probably think it’s something that deceptive lenders use to attract people to

Acquiring Bad Credit Car Loans Without a Down Payment - PR Inside
2009-11-24 16:25:35 - People who have been turned down my numerous lending companies, dealerships and banks often think that getting bad credit car loans is a myth. They probably think it’s something that deceptive lenders use to attract people to

Transactional Funding Helps Real Estate Investors Close More Short - PRLog (free press release)
When this method went away, Jason began looking for hard money lenders who could fund his deals and found these type of short term, transactional lenders were few and far between. iVisionary Funding was created to fill this gap. Transactional funding

Blackstone move sparks battle for Gala - This is Money
Gala’s three private equity owners, Candover , Permira and Cinven, and its 50-strong syndicate of junior lenders had been discussing a 2,000 bookmakers, 148 bingo clubs and 27 casinos, has been hit hard by the recession a £2.5 billion debt pile.

Real estate fix: Foreclosure report spurs housing recovery debate; FHA - Los Angeles Times Blogs
Home prices may be showing signs of stabilization in hard-hit markets such as Southern California but foreclosures will nevertheless likely be a major problem in the near term as the tough economy makes it harder for people to keep up on their

Reliance Industries Offers to Buy LyondellBasell - Smart Money
MUMBAI -(Dow Jones)- In a major bid to go global, India’s Reliance Industries Ltd. (500325.BY), the world’s largest polyester fiber maker, has made an all-cash offer for bankrupt chemicals company LyondellBasell Industries. Neither LyondellBasell nor

Mortgage approvals edge upwards - The Guardian
The number of mortgages approved by banks for house purchase rose by just 165 in October, but is almost double the figure for the same month last year, the British Bankers’ Association (BBA) said today. The number has been rising steadily since

ANALYSIS-Simon looking to cherry pick General Growth malls - CNN Money
The credit crisis has hit the mall business particularly hard because, even with the credit thaw, lenders are no longer willing to lend hundreds of millions of dollars in a mortgage. Both Ala Moana and Fashion show carry huge debts. Ala Moana is

Tester hears Flathead economic concerns of Flathead business community - Missoulian
KALISPELL – Sen. Jon Tester arrived in the Flathead Valley on Monday, a place particularly hard hit by the recession, “looking for ways to put more people in the workforce and fewer people in the unemployment line.” The Montana Democrat spent

Flipping is sparking a housing recovery - Herald Tribune
Even though the pain of the recession is far from over, there are clear signs that investors have re-entered the game and are making money. Since the beginning of the year, more than 200 properties in Sarasota have been bought and resold at a profit

Transactional Funding Helps Real Estate Investors Close More Short - PRLog (free press release)
When this method went away, Jason began looking for hard money lenders who could fund his deals and found these type of short term, transactional lenders were few and far between. iVisionary Funding was created to fill this gap. Transactional funding

Blackstone move sparks battle for Gala - This is Money
Gala’s three private equity owners, Candover , Permira and Cinven, and its 50-strong syndicate of junior lenders had been discussing a 2,000 bookmakers, 148 bingo clubs and 27 casinos, has been hit hard by the recession a £2.5 billion debt pile.

Real estate fix: Foreclosure report spurs housing recovery debate; FHA - Los Angeles Times Blogs
Home prices may be showing signs of stabilization in hard-hit markets such as Southern California but foreclosures will nevertheless likely be a major problem in the near term as the tough economy makes it harder for people to keep up on their

Reliance Industries Offers to Buy LyondellBasell - Smart Money
MUMBAI -(Dow Jones)- In a major bid to go global, India’s Reliance Industries Ltd. (500325.BY), the world’s largest polyester fiber maker, has made an all-cash offer for bankrupt chemicals company LyondellBasell Industries. Neither LyondellBasell nor

Mortgage approvals edge upwards - The Guardian
The number of mortgages approved by banks for house purchase rose by just 165 in October, but is almost double the figure for the same month last year, the British Bankers’ Association (BBA) said today. The number has been rising steadily since

ANALYSIS-Simon looking to cherry pick General Growth malls - CNN Money
The credit crisis has hit the mall business particularly hard because, even with the credit thaw, lenders are no longer willing to lend hundreds of millions of dollars in a mortgage. Both Ala Moana and Fashion show carry huge debts. Ala Moana is

Tester hears Flathead economic concerns of Flathead business community - Missoulian
KALISPELL – Sen. Jon Tester arrived in the Flathead Valley on Monday, a place particularly hard hit by the recession, “looking for ways to put more people in the workforce and fewer people in the unemployment line.” The Montana Democrat spent

Flipping is sparking a housing recovery - Herald Tribune
Even though the pain of the recession is far from over, there are clear signs that investors have re-entered the game and are making money. Since the beginning of the year, more than 200 properties in Sarasota have been bought and resold at a profit

Uncle Sam wants you unless your credit stinks - CreditCards.com
You may be ready to serve your country, but if your finances aren’t in good shape, your country may not allow you to serve. Like a lot of civilian employers, some branches of the military in the United States now run a credit check on anyone who

The Weak Dollar vs. Strong Dollar Dilemma - GuruFocus
Does the US really want a weak or strong dollar? No matter what the setting or topic, lately just about every discussion between economists, market participants, and government officials turns to the US dollar. Tim Geithner says the US has a strong

To co-sign or not to co-sign - CreditCards.com
Sally Herigstad is a certified public accountant and the author of “Help! I Can’t Pay My Bills: Surviving a Financial Crisis” (St. Martin’s Press, 2006). Co-signing on a loan with your daughter can adversely affect your credit score, even if your

Governor Quinn Cracks Down on Predatory Refund Anticipation Loans - IGNN (press release)
CHICAGO – November 23, 2009. Governor Pat Quinn today announced that he has ordered his Secretary of Financial and Professional Regulation (IDFPR) to bar consumer installment lenders from facilitating high-cost loans based on expected federal or

Cuomo Took Campaign Cash From Lawyers Seeking Access (Update2) - Bloomberg
Nov. 23 (Bloomberg) — New York Attorney General Andrew Cuomo’s campaign fund took tens of thousands of dollars from law firms representing clients his office investigated or accused of wrongdoing, state records show. Cuomo’s donation forms ask

Uncle Sam wants you unless your credit stinks - CreditCards.com
You may be ready to serve your country, but if your finances aren’t in good shape, your country may not allow you to serve. Like a lot of civilian employers, some branches of the military in the United States now run a credit check on anyone who

The Weak Dollar vs. Strong Dollar Dilemma - GuruFocus
Does the US really want a weak or strong dollar? No matter what the setting or topic, lately just about every discussion between economists, market participants, and government officials turns to the US dollar. Tim Geithner says the US has a strong

To co-sign or not to co-sign - CreditCards.com
Sally Herigstad is a certified public accountant and the author of “Help! I Can’t Pay My Bills: Surviving a Financial Crisis” (St. Martin’s Press, 2006). Co-signing on a loan with your daughter can adversely affect your credit score, even if your

Governor Quinn Cracks Down on Predatory Refund Anticipation Loans - IGNN (press release)
CHICAGO – November 23, 2009. Governor Pat Quinn today announced that he has ordered his Secretary of Financial and Professional Regulation (IDFPR) to bar consumer installment lenders from facilitating high-cost loans based on expected federal or

Cuomo Took Campaign Cash From Lawyers Seeking Access (Update2) - Bloomberg
Nov. 23 (Bloomberg) — New York Attorney General Andrew Cuomo’s campaign fund took tens of thousands of dollars from law firms representing clients his office investigated or accused of wrongdoing, state records show. Cuomo’s donation forms ask

Blackstone move sparks battle for Gala - This is Money
The US group is understood to offered to invest £300 million in the company in return for a stake of between 40 and 60 cent. Gala’s three private equity owners, Candover , Permira and Cinven, and its 50-strong syndicate of junior lenders had been

‘I often cry myself to sleep’ - BBC UK News
“If you’re unemployed and you’ve got no money coming in it’s hard,” said Barry Richardson, who has lived his whole life in Coventry’s Wood End estate. “You’ve got to tell your kids they can’t have the presents. It’s really hard.” The Wood End estate

Real estate fix: Foreclosure report spurs housing recovery debate; FHA - Los Angeles Times Blogs
Home prices may be showing signs of stabilization in hard-hit markets such as Southern California but foreclosures will nevertheless likely be a major problem in the near term as the tough economy makes it harder for people to keep up on their

ANALYSIS-Simon looking to cherry pick General Growth malls - CNN Money
The credit crisis has hit the mall business particularly hard because, even with the credit thaw, lenders are no longer willing to lend hundreds of millions of dollars in a mortgage. Both Ala Moana and Fashion show carry huge debts. Ala Moana is

Fight against Internet payday lenders continues - Times West Virginian
these companies offer quick and easy money, most consumers end up paying 10 times the amount borrowed without ever paying off the loan.” Assistant Attorney General Norman Googel explained that payday loans — sometimes called cash advances

General Growth reaches agreement with lenders - CNN Money
Properties , the giant mall operator that filed for bankruptcy in April, said Thursday it reached an agreement with lenders that extends maturities on 70 loans and enables the lenders to get their money back The hard stuff is yet to come

Transactional Funding Helps Real Estate Investors Close More Short - PRLog (free press release)
PRLog (Press Release) – Nov 22, 2009 – Transactional funding gets real estate investors the money they need to close more short sale deals with simultaneous closings despite belt tightening by most traditional banks. iVisionary Funding is proud

Easy Unsecured Loans – Collateral Free Financing Online - PRLog (free press release)
You can apply it desire online or offline as per your accessibility next few hours, your required fund is ready to boost your finances - which money happens to be collateral-free. For more information about unsecured personal loans for bad credit

Are repo men toeing the line? - Stuff
Lenders are up in arms over proposals to limit their ability to carry out repossessions despite concerns at the Ministry of Consumer Affairs that vulnerable indebted families are being abused. Cases have come to light involving even children’s toys

Blackstone move sparks battle for Gala - This is Money
The US group is understood to offered to invest £300 million in the company in return for a stake of between 40 and 60 cent. Gala’s three private equity owners, Candover , Permira and Cinven, and its 50-strong syndicate of junior lenders had been

‘I often cry myself to sleep’ - BBC UK News
“If you’re unemployed and you’ve got no money coming in it’s hard,” said Barry Richardson, who has lived his whole life in Coventry’s Wood End estate. “You’ve got to tell your kids they can’t have the presents. It’s really hard.” The Wood End estate

Real estate fix: Foreclosure report spurs housing recovery debate; FHA - Los Angeles Times Blogs
Home prices may be showing signs of stabilization in hard-hit markets such as Southern California but foreclosures will nevertheless likely be a major problem in the near term as the tough economy makes it harder for people to keep up on their

ANALYSIS-Simon looking to cherry pick General Growth malls - CNN Money
The credit crisis has hit the mall business particularly hard because, even with the credit thaw, lenders are no longer willing to lend hundreds of millions of dollars in a mortgage. Both Ala Moana and Fashion show carry huge debts. Ala Moana is

Fight against Internet payday lenders continues - Times West Virginian
these companies offer quick and easy money, most consumers end up paying 10 times the amount borrowed without ever paying off the loan.” Assistant Attorney General Norman Googel explained that payday loans — sometimes called cash advances

General Growth reaches agreement with lenders - CNN Money
Properties , the giant mall operator that filed for bankruptcy in April, said Thursday it reached an agreement with lenders that extends maturities on 70 loans and enables the lenders to get their money back The hard stuff is yet to come

Transactional Funding Helps Real Estate Investors Close More Short - PRLog (free press release)
PRLog (Press Release) – Nov 22, 2009 – Transactional funding gets real estate investors the money they need to close more short sale deals with simultaneous closings despite belt tightening by most traditional banks. iVisionary Funding is proud

Easy Unsecured Loans – Collateral Free Financing Online - PRLog (free press release)
You can apply it desire online or offline as per your accessibility next few hours, your required fund is ready to boost your finances - which money happens to be collateral-free. For more information about unsecured personal loans for bad credit

Are repo men toeing the line? - Stuff
Lenders are up in arms over proposals to limit their ability to carry out repossessions despite concerns at the Ministry of Consumer Affairs that vulnerable indebted families are being abused. Cases have come to light involving even children’s toys

Transactional Funding Helps Real Estate Investors Close More Short - PRLog (free press release)
PRLog (Press Release) – Nov 22, 2009 – Transactional funding gets real estate investors the money they need to close more short sale deals with simultaneous closings despite belt tightening by most traditional banks. iVisionary Funding is proud

Transactional Funding Helps Real Estate Investors Close More Short - PRLog (free press release)
PRLog (Press Release) – Nov 22, 2009 – Transactional funding gets real estate investors the money they need to close more short sale deals with simultaneous closings despite belt tightening by most traditional banks. iVisionary Funding is proud

Real estate fix: Foreclosure report spurs housing recovery debate; FHA - Los Angeles Times Blogs
Home prices may be showing signs of stabilization in hard-hit markets such as Southern California but foreclosures will nevertheless likely be a major problem in the near term as the tough economy makes it harder for people to keep up on their

Transactional Funding Helps Real Estate Investors Close More Short - PRLog (free press release)
PRLog (Press Release) – Nov 22, 2009 – Transactional funding gets real estate investors the money they need to close more short sale deals with simultaneous closings despite belt tightening by most traditional banks. iVisionary Funding is proud

Fight against Internet payday lenders continues - TMCnet
FAIRMONT, Nov 22, 2009 (The Times West Virginian - McClatchy-Tribune Information Services via COMTEX) — The Office of West Virginia Attorney General Darrell McGraw is continuing its fight against Internet payday lenders. Last week, the office’s

UPDATE 4-General Growth reaches agreement with lenders - Forbes
NEW YORK, Nov 19 (Reuters) - General Growth Properties , the giant mall operator that filed for bankruptcy in April, said on Thursday it reached an agreement with lenders that extends maturities on 70 loans and enables the lenders to get their money

General Growth reaches agreement with lenders - CNN Money
Properties , the giant mall operator that filed for bankruptcy in April, said Thursday it reached an agreement with lenders that extends maturities on 70 loans and enables the lenders to get their money back The hard stuff is yet to come

Credit freeze delays 3-D upgrade for some theaters - USA Today
But there’s a ready scapegoat if it disappoints: When the credit markets froze more than a year ago, banks and other lenders didn’t invest in the digital-projection technology needed to show films in 3-D. That was a setback for Avatar, which was

Blackstone move sparks battle for Gala - This is Money
The US group is understood to offered to invest £300 million in the company in return for a stake of between 40 and 60 cent. Gala’s three private equity owners, Candover , Permira and Cinven, and its 50-strong syndicate of junior lenders had been

Real estate fix: Foreclosure report spurs housing recovery debate; FHA - Los Angeles Times Blogs
Home prices may be showing signs of stabilization in hard-hit markets such as Southern California but foreclosures will nevertheless likely be a major problem in the near term as the tough economy makes it harder for people to keep up on their

Transactional Funding Helps Real Estate Investors Close More Short - PRLog (free press release)
PRLog (Press Release) – Nov 22, 2009 – Transactional funding gets real estate investors the money they need to close more short sale deals with simultaneous closings despite belt tightening by most traditional banks. iVisionary Funding is proud

Fight against Internet payday lenders continues - TMCnet
FAIRMONT, Nov 22, 2009 (The Times West Virginian - McClatchy-Tribune Information Services via COMTEX) — The Office of West Virginia Attorney General Darrell McGraw is continuing its fight against Internet payday lenders. Last week, the office’s

UPDATE 4-General Growth reaches agreement with lenders - Forbes
NEW YORK, Nov 19 (Reuters) - General Growth Properties , the giant mall operator that filed for bankruptcy in April, said on Thursday it reached an agreement with lenders that extends maturities on 70 loans and enables the lenders to get their money

General Growth reaches agreement with lenders - CNN Money
Properties , the giant mall operator that filed for bankruptcy in April, said Thursday it reached an agreement with lenders that extends maturities on 70 loans and enables the lenders to get their money back The hard stuff is yet to come

Credit freeze delays 3-D upgrade for some theaters - USA Today
But there’s a ready scapegoat if it disappoints: When the credit markets froze more than a year ago, banks and other lenders didn’t invest in the digital-projection technology needed to show films in 3-D. That was a setback for Avatar, which was

Blackstone move sparks battle for Gala - This is Money
The US group is understood to offered to invest £300 million in the company in return for a stake of between 40 and 60 cent. Gala’s three private equity owners, Candover , Permira and Cinven, and its 50-strong syndicate of junior lenders had been

Blackstone move sparks battle for Gala - This is Money
The US group is understood to offered to invest £300 million in the company in return for a stake of between 40 and 60 cent. Gala’s three private equity owners, Candover , Permira and Cinven, and its 50-strong syndicate of junior lenders had been

Investors to get tough on errant firms - This is Money
In the wake of criticism for failing to halt the reckless activities of big lenders such as Royal Bank of Scotland , investor bodies are trying to smarten up their act and come down hard on errant firms. The Institutional Shareholders’ Committee

Credit scarcity could dash recovery hopes - Columbus Dispatch
As the U.S. economy ramps up for the recovery, we find ourselves creeping up against another roadblock. Where exactly will auto suppliers — as well as other manufacturers and companies in the Midwest — find the money to borrow to build products and

ANALYSIS-Simon looking to cherry pick General Growth malls - CNN Money
NEW YORK (Reuters) - Industry leader Simon Property Group Incmight want to pick and choose which crown jewels it buys from bankrupt mall owner General Growth Inc , but to close a deal, Simon might have to take itall. “This is the grand prize in the

RDI Development Receives $5,200,000.00 for Construction of an Assisted - YAHOO!
Pacific Mortgage Fund (PMF) of Irvine, CA was a natural choice for a hard money commercial construction bridge loan . PMF put together a lending package that was reasonable in cost (8.99% per annum) and swift to completion. RDI said funding took

Blackstone move sparks battle for Gala - This is Money
The US group is understood to offered to invest £300 million in the company in return for a stake of between 40 and 60 cent. Gala’s three private equity owners, Candover , Permira and Cinven, and its 50-strong syndicate of junior lenders had been

Investors to get tough on errant firms - This is Money
In the wake of criticism for failing to halt the reckless activities of big lenders such as Royal Bank of Scotland , investor bodies are trying to smarten up their act and come down hard on errant firms. The Institutional Shareholders’ Committee

Credit scarcity could dash recovery hopes - Columbus Dispatch
As the U.S. economy ramps up for the recovery, we find ourselves creeping up against another roadblock. Where exactly will auto suppliers — as well as other manufacturers and companies in the Midwest — find the money to borrow to build products and

ANALYSIS-Simon looking to cherry pick General Growth malls - CNN Money
NEW YORK (Reuters) - Industry leader Simon Property Group Incmight want to pick and choose which crown jewels it buys from bankrupt mall owner General Growth Inc , but to close a deal, Simon might have to take itall. “This is the grand prize in the

RDI Development Receives $5,200,000.00 for Construction of an Assisted - YAHOO!
Pacific Mortgage Fund (PMF) of Irvine, CA was a natural choice for a hard money commercial construction bridge loan . PMF put together a lending package that was reasonable in cost (8.99% per annum) and swift to completion. RDI said funding took