Endeavor Capital is a “unique requirements” private lender where every real estate loan represents a special situation. Although we welcome opportunities that come with sophisticated PowerPoint business plan presentations and exceptionally well-defined exit strategies, we are usually quite comfortable in simply discussing the real estate loan request and gaining an understanding of the experience of the borrower and the strength of the collateral backing the loan.
In most cases, we will make our real estate funding decision within one week of beginning the underwriting process. And so from first introductions to the closing of your real estate loan, the entire process should not take more than 10 business days. Our objective is not to burden the borrower with requesting information that is not relevant to the successful execution of the loan but to allow the borrower the flexibility to manage the project.