Nectar
Service Locations: Atlanta, Georgia
Get the fast, flexible, non-debt financing you need to scale your rental portfolio or property management company — without raising equity.
Features
An Advance, Not a Loan – Nectar is not your typical lender and does not offer typical loans. Instead, Nectar gives experienced real estate entrepreneurs, investors, managers and hosts an advance based on their existing net cash flow and projected revenue.
Use Cases
- Down payment assistance
- Quick access to cash
- Renovations & new amenities
- Hiring and company growth
- Business related expenses
- Mergers and acquisitions
Quick Approvals – From the time we receive your full set of underwriting documents, you’ll have funds wired to your bank account in as little as 7 days.
Equity and Debt-to-Income Ratio – Nectar advances do not diminish your equity in a property or affect your debt-to-income ratio.
Advance Amounts – $30K to $2M either all at once or in separate tranches.
Flexible Terms – Most Nectar advances are repaid over 1 to 5 year terms.
No origination fees, no compounding interest, no processing fees – Instead, there is a flat annual financing fee of 10-17% per year based on your operational history and risk profile.
Leave a Reply
You must be logged in to post a comment.