New Providence Capital (NPC) is a full service private money lender providing short term financing for real estate owners that need immediate funding.
NPC lends directly to borrowers. However, the majority of our business is conducted through mortgage brokers. We are broker friendly and work to maintain those relationships.
NPC lends on most types of real estate, including office, multi family, warehouse, mini-warehouse, residential, residential lots, condo, townhouse and land. We primarily lend in Texas, Florida, Georgia, North Carolina, Arizona, Tennessee, South Carolina, and Colorado but will look at loans over $250,000 in select major metros in the Southern US.
Our principals have over 40 years of experience in real estate and/or real estate lending. NPC is a licensed Mortgage Broker in the State of Texas. Other affiliations include Texas Association of Realtors, National Association of Realtors, Texas Association of Mortgage Brokers, and National Association of Mortgage Brokers.
If the banks have turned you down and you are considering joint-venture equity as a means to finance your deal, you should explore all your options (Good article on the benefits of Hard Money here). A hard money loan has more advantages than you may realize. Give us a call and let us help you finance your next project.
Follow New Providence Capital on our Real Estate Blog.
Call now to discuss your transaction. 214.624.6202.
New Providence Capital, LLC is a member of the American Association of Private Lenders.