Alternative Borrowing Solutions – BCBusiness

BC Business + capital of freedom

Freedom Capital offers new, broader alternative financing options for real estate investors, developers and freelancers

Real estate investors, developers and freelancers are sometimes considered subprime borrowers when applying for financial loans or mortgages. While these applicants are as likely to have strong net worth, good credit, and a good loan history as any other applicant, traditional lenders are reluctant to break rigid structures and rules around loan requirements.

Given conventional lending models, entrepreneur clients can only obtain financing based on their income,” says Pip Dhaliwal, Founder and CEO of Freedom Capital. “Traditional lenders do nott take into account the earning potential of individuals over the long term.

But the world is a different place than it was when the lending and borrowing rules were written. With so many different income streams todayIn the age of modern work, borrowers need an alternative that allows them to qualify for the right mortgage. This is where Freedom Capital can help.

From our perspective, refusing a funding request is not an option, as we believe that every person deserves a chance to make the right funding decision,” says Dhaliwal. “We don’t see our clients as transactions, but as driven entrepreneurs with dreams and goals. We invest in our customers so they can invest in their future.

capital-freedom-2Freedom Capital is one of the largest national brokerages exclusively dedicated to the alternative and commercial mortgage market in Canada. It offers a range of financing options and is licensed in British Columbia, Alberta and Ontario. It offers clients the opportunity to capitalize on the growing value of their existing property, which means that if they have access to a down payment or the equity in their home, they are eligible for financing to start a new project. or development.

“Our team has a collective experience of over 35 years in the mortgage business, so we know what works and what doesn’t,” says Dhaliwal. “We see the upcoming areas and communities growing, and the potential to benefit from investing in those communities. We also understand the rezoning and construction cycle in detail.

Freedom Capital simplified the approval process with less documentation and open and honest communication between the team and the borrowers.

We realize that not everyone understands the numbers game,” says Dhaliwal. “Wehave created a very simple loan process. If you have enough equity in your home to refinance or downpay for a purchase, we can help. We can even consider other assets to reduce the amount of cash invested in projects, and we can finance unzoned and raw land with potential for development because we view the potential for that development as an asset.

People who want to grow may find alternative loans a significant opportunity. Whether in the planning phase or in the early stages of development, Freedom Capital can be a strong partner in the real estate investment and development journey. Start on this path today.

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Created by BC Business in partnership with Freedom Capital

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