A Capital Source and Partner
A Capital Source and Partner
Quillian Hillcrest Capital is located in Atlanta, Georgia founded in 2012.
We use proven finance strategies designed to meet your funding needs. And you can count on unbiased recommendations and impartial guidance based directly on your needs and goals.
Every successful investment starts with an excellent client relationship. Our mission and values include exceeding our client’s every expectation. Contact us today to find out how we can suggest long- and short-term strategies that will help you realize your company goals.
Please reach us at info@quilliancapital.com if you cannot find an answer to your question.
Private lending refers to funding from sources not defined by regulators as “public lending institutions”—which is how the federal government describes banks, mortgage companies, credit card companies, and other conventional sources of financing. In other words, a private lender is any individual or organization loaning money outside the traditional financial services industry. In real estate, it's an alternative option for financing an investment property outside of a traditional bank or lending institution.
First, private loans are typically asset-backed. When you apply for a loan from a conventional lending institution, that lender will in most cases base its decision largely on your personal financial history.
A private lender, by contrast, will make its funding decision based primarily on the viability of the underlying asset. In the case of a real estate investment loan, the private lender will evaluate the market value of the property you are trying to acquire, determine how much equity you will have in the property after you’ve purchased it, and make projections about the property’s ongoing revenue potential.
A second distinction between private and traditional lending is that private lenders offer shorter-term loans. Conventional lending institutions typically offer longer-term loans on real estate investment projects, such as 15- or 30-year mortgages.
Private lenders often structure their loans to be repaid after only a few years (or even as little as a few months). Although private loans often have higher monthly interest rates, many business borrowers—such as fix-and-flip property investors—opt for these loans because they plan to repay them quickly. Moreover, private lenders’ ability to fund loans in less time than conventional lenders can make these loans an attractive alternative for investors who need funding in a hurry.
A joint venture (JV) is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
In a JV, each of the participants is responsible for profits, losses, and costs associated with it. However, the venture is its own entity, separate from the participants' other business interests.
A joint venture affords each party access to the resources of the other participant(s) without having to spend excessive amounts of capital. Each company is able to maintain its own identity and can easily return to normal business operations once the joint venture is complete. Joint ventures also provide the benefit of shared risk.
There are many reasons to join forces with another company on a temporary basis, including for purposes of expansion, development of new products, or entering new markets (particularly overseas). JVs are a common method to combine the business prowess, industry expertise, and personnel of two otherwise unrelated companies. This type of partnership allows each participating company an opportunity to scale its resources to complete a specific project or goal while reducing total cost and spreading out the risk and liabilities inherent to the task.
Reach out with any questions or to set up a meeting to discover the best path to fund your project!
2897 N Druid Hills Road NE, Suite 153, Atlanta, Georgia 30329
Monday - Friday: 9am - 5pm
Quillian Hillcrest Capital
2897 N Druid Hills Road NE, Suite 153, Atlanta, Georgia 30329
Copyright © 2021 Quillian Hillcrest Capital LLC - All Rights Reserved.
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