What you're finding, at an increase rate, is that Georgian borrowers are more and more likely to seek the services and products of Valdosta, GA hard money lenders instead of the of lenders operating out of a big box international bank for more of their capitalization needs, even as the economy tends to pick back up again. Historically, these Valdosta, GA hard money lenders did tend to see a bit more action, more business whenever the economy waned in this Lowndess County area. And since the metro area, as a whole, claims more than one hundred and forty thousand citizens and residents, we're talking about a pretty substantial economy here, and that the issues presented about these borrowers are important.
In the past, Valdosta hard money was seen as a sort of alternative to finance and capital; in other words, it was a solution, only if and when a big bank lender couldn't finance you; but thisn't the case any more. What we're seeing now is that hard money lenders in Valdosta are actually the lender of choice for many borrowers, and there a number of reasons for this.
For one, there are an awful lot of property owners and real estate holders in this Azalea City. You'll find that borrowers here tend to use hard money for rehabilitating old relics about the community; these projects tend to garner the "Historical" designation as a part of the deal to rehab in a targeted area to develop by the city, and so rehab hard money is really playing a big role in that.
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