Asset Based Lending, Llc

Description

• ABL is owned and operated by knowledgeable and experienced real estate lenders who want to help real estate investors succeed. We have designed our process to be fast, reliable, and flexible because we know these are the process features that our borrowers need. Give us a call to find out why so many real estate investors across 10 states have chosen ABL as their hard money lender.Established in 2010, Asset Based Lending, LLC is a Hard Money Lender providing fast bridge financing to real estate investors for the purchase, renovation, or new construction of single family, multi-family and mixed use properties. We have closed over a thousand loans since we began with total transaction amounts in excess of $200 million.We specialize in funding: Fix and Flips REOs Short sales Multi-family buildings New residential construction Mixed use commercial propertiesSome more information about our hard money loan programs:» Loan sizes: $75,000 to $2,000,000» Loan amount 80%-85% of purchase and 100% of rehab costs » Up to 60%-65% of ARV (After Rehab Value)» Loan term: 12 months interest only » No pre-payment penalty» Interest rates: 9% to 12%» Points: 2% to 3%» Average closing time: 2 - 10 days» We are a direct Hard Money Lender for real estate investors. Since 2010 when we funded our first hard money loan in our home state of New Jersey, Asset Based Lending has expanded its hard money lending areas to also include Connecticut, Florida, Maryland, Massachusetts, New Jersey, New York, and Pennsylvania. Want to broker loans to ABL? We'd love to work with you http://www.abl1.net/brokers/
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  Headquarters:30 Montgomery Street , Jersey City, New Jersey, United States

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  Phone Number: +1 201-942-9090

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  Website: https://www.abl1.net

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  Employees:28

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  Revenue:$10 - 50M

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  Legal Name:Asset Based Lending, Llc

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• |  NAICS Code: 522291  |

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