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Hard Money Bridge Loans – How Could Support Me?

Prior to 2008, there were several sources who would provide financing for mining properties. If you any small property, you could often find friends and family who may help you launch the entire process. If you needed millions of dollars, equity finance funds were climbing over fences to throw money at you will. All you needed was a solid reserve report, a decent management team, and the money came in, sometimes faster than it might properly deployed.

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Friends and family – if can not put in as much as you need to, your buddies are you can raise additional capital. Make sure it’s clear how you structure money deal: do they seem investors, partners, both? An individual issuing them stock with your corporation? Whatever the deal, get yourself a contract attorney to draft the paperwork to legal. It will cost you about $500-1000 or so for this service and it is done, you will be glad you did it. Spell out all details.

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