|By PR Newswire||
|April 4, 2014 03:00 AM EDT||
GREENVILLE, S.C., April 4, 2014 /PRNewswire/ -- Today, Lima One Capital announces plans to expand into the Baltimore metropolitan area in the second quarter of 2014. Lima One Capital is the leading hard money lender in the Southeast with a proven track record of straightforward lending across three states. Current trends have provided investors with the ability to capitalize on great opportunities in a steadily recovering housing market. Beginning in spring of 2014, real estate investors throughout the state will be able to benefit from a fully capitalized hard money lending company operating in Maryland.
"As a fully capitalized institution, we are prepared to hit the ground running in Baltimore on day one. Our quick closings and thorough underwriting allow our clients to enter deals quickly and exit them with unmatched return on investment," states Lima One Capital Founder and CEO John Warren. "Our expansion into Baltimore is an integral step in our goal to revolutionize hard money lending in Maryland and ultimately throughout the entire country."
Lima One Capital has targeted Baltimore as a prime location for the company's initial lending area expansion. Since 2010, Lima One Capital has set themselves apart from other lenders in a crowded industry by consistently providing straightforward loan programs to their borrowers. The company has remained steadfast in their commitment to never charge their clients costly hidden or junk fees that remain common with other lenders. Lima One Capital's current position as the leading hard money lender in the Southeast is a testament to the success of their core company values.
Lima One Capital's expansion coincides with the encouraging market stabilization trends currently experienced across the country. According to the February 14th, 2014 issue of The Kiplinger Letter, home sales and home sale price increases have slowed in comparison to last year's numbers but continue to remain at consistent levels of growth. The article continues by stating this stability is an encouraging sign of sustainable growth going forward that helps to dispel the bubble fears that still affect some in the industry. Lima One Capital targeted their expansion into markets primed with investors looking to help continue and strengthen this steady market recovery.
Lima One Capital will enter Baltimore as a fully capitalized hard money lender with a proven track record and the ability to help Maryland investors achieve success. "We take great pride in seeing the amazing work our borrowers have been able to do in communities throughout the Southeast," states John Warren. "I have had numerous conversations with investors throughout Maryland who have expressed a need for a fully capitalized hard money lender like Lima One Capital in their area. We cannot wait to get to work in Maryland and set the new industry standard for hard money in throughout the state."
Lima One Capital, LLC: Lima One Capital is a hard money lending company in Atlanta, GA, Greenville, SC, and Charlotte, NC. The company 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 eight new states beginning in 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.
For more information on Lima One Capital, LLC, visit www.limaonecapital.com or call 404-908-0080.
SOURCE Lima One Capital, LLC
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