The Big Island of Hawaii continues to grow with both residential and commercial loan projects.
It’s not rocket science when you look at population growth and all that goes with that. Commercial loan projects are growing! Hawaii County value of commercial and industrial building permits from 2012 through 2016 show an average increase of 157% with 2016 at 226.4% of 2016!
Commercial financing can be very challenging for new startups or even the experienced developer, usually requiring substantial reserves and strong financial liquidity. For the average investor, it is often the deal breaker.
Private and hard money lending can play a big role in providing initial funding for acquisition, construction, project infrastructure and when the need for speed is necessary.