Established over 17 years ago by a native of La Jolla, Source Capital Funding has emerged as a leading private lender, providing an alternative avenue for borrowers and investors alike. Originally propelled by a modest $50,000 investment, the company has exponentially expanded its funding portfolio to over $550 million in real estate-secured loans, transitioning from its California roots to licensure in five states, including Arizona, Texas, Colorado, and Minnesota.
Sacha Ferrandi, Founding Partner of Source Capital Funding, expressed pride in the company’s grassroots growth, emphasizing its local origins and compact team structure. With a combined 40 years of experience, the team, comprising Ferrandi, Partner Ryan Burns, and Executive Officer Marie Gleason, navigates the private lending sector with finesse.
Diverging from conventional banking practices, Source Capital Funding prioritizes the real estate asset when evaluating loan applications, as opposed to fixating on individual credit or financial histories. Ferrandi underscored this distinction, noting the firm’s focus on collateral rather than borrower credentials. He elucidated, highlighting the appeal to individuals unable to secure traditional bank loans due to varied financial backgrounds.
Moreover, Ferrandi emphasized Source Capital Funding’s conservative approach, limiting loan disbursements to a maximum of 65% of the current asset value, in stark contrast to the riskier 80% to 90% financing offered by banks.
Looking ahead, Ferrandi outlined the company’s aspiration to broaden its investor base, inviting individuals keen on diversifying their portfolios through trust deed investing. He emphasized the symbiotic relationship between the company and its investors, underlining the meticulous due diligence and ongoing management undertaken by Source Capital Funding.
Furthermore, the company prides itself on its plethora of positive online reviews, with clients and investors lauding its reliability, security, and unparalleled service.
For those interested in exploring loan options or investing opportunities with Source Capital Funding, inquiries can be directed to 858-705-6144 or by visiting www.hardmoneyfirst.com.
