What is Source Capital Funding?
Source Capital Funding operates as a private hard money lending company, providing direct capital solutions for real estate borrowers across California, Arizona, and Minnesota. Established in 2007 and headquartered in San Diego, California, the firm specializes in direct private mortgage financing for both residential and commercial properties, having facilitated hundreds of real estate transactions through its dedicated capital offerings.
How much funding has Source Capital Funding raised?
Source Capital Funding has raised a total of $28K across 1 funding round:
Debt
$28K
Debt (2021): $28K with participation from PPP
What's next for Source Capital Funding?
The recent influx of expansion capital positions Source Capital Funding for accelerated growth and enhanced market penetration. This strategic investment is expected to bolster the company's lending capacity, enabling it to serve a broader client base and potentially expand its geographic reach. The company's focus on direct, hard money lending suggests a strategy aimed at agile financing for real estate opportunities, leveraging its established presence and capital access to capitalize on market demands.
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