SRP Lending Bridges the Credit Gap as Banks Tighten Lending to Home Builders
SRP Lending, a prominent private money lender, is stepping up to offer alternative lending options to home builders and contractors facing tightened credit due to ongoing bank tightening and bank failures. The National Association of Home Builders (NAHB) reports that nearly 60% of builders have faced difficulties obtaining loans for speculative construction due to bank failures this year. A significant portion[...]