Private Lenders may be able to fill the gap

Private lenders are people with money who are looking for a better rate of return than is available to them at a bank. They are willing to fund mortgages for individuals who, for one reason or another, may not qualify at the Bank. Sometimes called Venture Capatalist, this option can be a great for those [...]

Do you have private money to lend?

In 2010 millions of people have fallen behind on their home mortgages and are already in foreclosure. This number is estimated to jump dramatically in the next several years.

Banks from one end of our country to the other – and around the world for that matter – are collapsing one after another. Now, even [...]

Private Lender Saves Winnipeg Couple from Losing Their Home

The Hopewell’s (not their real names) were only weeks away from losing their home to bank foreclosure. The Hopewell’s efforts to re-finance their mortgage were futile as the majority of banks, credit unions and finance companies will not knowingly finance an individual that is in foreclosure. The Hopewell’s managed to secure private financing through a [...]

Ontario company provides loans for elective surgery and other medical services not covered by government health insurance

Kaplan, who won the Canadian Woman Entrepreneur start-up award in 2000, is currently working on a major transformation of her company, which will make it a major financial player in its own right. Instead of relying on financing from banks to cover loans to its customers, the company will be able to attract term deposits [...]

Domain names as collateral for loans

Here is an interesting lender niche. If you have good quality domains, you can use them as collateral to borrow money from DigiPawn or DigiLoan.

They first started DigiPawn a few years ago provideing cash advances on quality domain names. They then became the first company to provide financing for individuals and companies that wanted [...]

6 tips to improve your credit rating

Your credit is your gateway to getting anyone to lend you money. Keeping your credit score in the attractive zone for lenders is very important. Here are 6 tips to help improve your credit rating and increasing your score. We also have a few videos on how to improve your FICO score and how a [...]