Lima One Capital is bringing its innovative lending products to residential real estate investors in several more states.
CHARLOTTE, N.C. — Residential real estate investors in six states and the District of Columbia will soon have a new set of financing options. Lima One Capital, which specializes in hard money lending, is expanding and will open operations on July 1 in Alabama, Florida, Maryland, Ohio, Pennsylvania, Virginia and Washington, D.C.
Lima One Capital was founded in 2010 in Atlanta, and the company quickly gained a 70 percent share of the market in the Atlanta metro area before expanding operations throughout the Southeast. Building upon further success in the Carolinas has propelled Lima One Capital to undergo aggressive expansion to meet nationwide demand for its attractive, investment-minded lending tools.
“Our lending model has created a new paradigm for the hard money industry by combining unprecedented customer care with our innovative institutional grade platform,” said John Warren, president and founder. “We are poised for tremendous growth, and our multi-state expansion is the next step in helping fund investment projects that contribute to community revitalizations across America.”
Lima One Capital offers 13-month first mortgages to investors who plan to remodel and sell the property without residing in it. The company’s streamlined loan approval process generally means loans close within seven days, and the company offers a personalized loan consultant to answer questions about loan products and to offer expert advice on project specifics.
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About Lima One Capital, LLC
Lima One Capital is a hard money lending company. Headquartered in Greenville, SC, the company also has offices in Atlanta and Charlotte. Lima One specializes in providing first mortgage loans to real estate investors for the purchase and renovation of residential investment homes. The company will begin lending in ten new states and Washington, D.C. beginning in the third quarter of 2014. A typical Lima One Capital loan is closed within seven days, providing clients with the ability to immediately capitalize on unique opportunities in the real estate market. Lima One Capital is revolutionizing lending for residential real estate investors.