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Podcast: Purpose-Driven Wealth
Episode: Episode 60 - How Does Private Money Lending Work?
Description: When one applies for a loan, the process could take several days, only to find out that it was denied. In this episode, Mo is joined by Bradley, CFO/CIO of S&L Capital Group. Bradley shares that borrowers need not talk to an account executive, to an account manager, then have to deal, then go to underwriting, only to find out fourteen days later that they do not have a deal even on a straightforward bridge loan. So he and his business partner found a way to leverage all the available technologies to keep the cost down and...