Top Benefits Of Transactional Lending For Wholesalers
Wholesalers are some of the busiest people in the Real Estate Industry. They are constantly looking for deals and searching for ways to close them quickly, efficiently, and with maximum profit. Transactional lending is a powerful tool that can help them do just that.
As a wholesaler, you don’t want to face any delays or extra paperwork when closing a deal. With transactional lending, you can benefit from a straightforward and fast financing process that eliminates the need for lengthy contracts and tedious documentation. Do you want to learn more about transactional funding? Keep reading!
What Is Transactional Lending?
Transactional lending, or transactional funding, is a special type of loan that enables wholesalers to finance their immediate cash needs. They can use it for double closing deals without having to worry about the delays and complications that come with traditional loans.
These are typically provided by wholesaling transactional funding companies or other private lenders, where they facilitate the flow of funds quickly and securely to lenders. This option allows wholesalers to close deals faster ,with less paperwork and no money out of pocket. That means the wholesaler does not have to worry about having their own funds to close the first transaction of a double closing.
3 Benefits Of Transactional Funding For Wholesalers
Transactional funding helps wholesalers close deals quickly and efficiently. Working with transactional lenders also brings other advantages to the table, including the following:
1) Protects you from losing your profit: Using Transactional Funding and double closing, you keep your seller separate from your end buyer with 2 separate closings. This protects you from your seller or buyer knowing your profit and walking away from the deal.
2) Fast Financing: Transactional funding is known for its speed and efficiency. The whole process can take place SAME DAY as your closing although we prefer a little heads up.. This allows wholesalers to close deals faster and with more confidence.
3) Less Paperwork: Other financing options like hard money lenders require more paperwork. Transactional funding allows you to skip tedious processes and get the money you need in less time. You won’t face any extra delays or risk losing a deal.
Get Transactional Lending & Don’t Lose A Good Deal
If you’re looking for transactional lending, Wholesalers Transactional Funding can help you. Jesse LeBlanc, our founder, used to run a wholesaling company himself. Therefore, we understand the ins and outs of the industry. Our experience is unmatched, and we strive to ensure you get the best deal.
We offer a fast and secure process to help you close deals quickly and without hassle. We’ll take care of everything for you so that you can focus on what’s really important: making money by solving your sellers problems. Contact Wholesalers Transactional Funding today to learn more about our services!