Atlanta Capital Funding

About Atlanta Capital Funding

Atlanta Capital Funding is a Decatur, GA based private money lender. They provide loans throughout these areas: Cobb County, Dekalb County, Fulton County, Gwinnett County, Forsyth County, Hall County, Cherokee County, Clayton County, and Henry County. They offer fix and flip hard money loans, construction loans, short term bridge loans, and commercial loans. Their lending parameters are flexible, including rates ranging between 14% and 17%, terms up to 6 months, and loan amounts ranging from $25,000 to $1,500,000 with a maximum LTV of 65%. They will make loans on various property types, including single family, multi-family units, apartment buildings, offices, retail storefronts, storage facilities, mixed use spaces, hotels, warehouse buildings, and industrial buildings.

Loan Types Offered: Fix and Flip Loans, Commercial Hard Money Loans, New Construction Loans, Bridge Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Storage, Mixed Use, Hotel, Warehouse, Industrial

Areas Served: Cobb County, Dekalb County, Fulton County, Gwinnett County, Forsyth County, Hall County, Cherokee County, Clayton County, Henry County

Lending Guidelines for Atlanta Capital Funding

Below are the general loan guidelines published on the Atlanta Capital Funding website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by Atlanta Capital Funding.

Loan Example 1

Christopher finds a property in Atlanta, GA to remodel and sell. Since he doesn't have enough cash available to acquire the $240,000 property outright, he takes out a private money loan from Atlanta Capital Funding. The borrower will be required to fund 45% of the sales price in cash to closing based on a 55% loan to value set by the lending company. This makes the principle note from Atlanta Capital Funding $132,000. The note is interest only, with monthly payments, and is for 18 months at 9% interest with 4 origination points to be paid when the deal closes.

The borrower must bring a total of $32,400 upon closing to cover the $108,000 down payment in addition to the $5,280 origination fee. After the deal closes, he will need to pay Atlanta Capital Funding $990 in monthly interest payments, or 9% times $132,000 divided by 12 months in a year. If he sells the renovated project for $360,000 at the end of the 18 month term, his total profit (not including rehab costs) would be $96,900. This is computed by taking the purchase price ($360,000) and subtracting the original note amount ($132,000), the origination cost ($5,280), the money he contributed to closing ($108,000), and the total interest payments ($17,820).

Loan Example 2

Cody is a an investor in Atlanta, GA. He purchases an older property for a renovation project and obtains a hard money loan from Atlanta Capital Funding with the following terms:

$180,000 purchase price
65% loan to value (LTV)
6 month term
13% rate of interest
3% origination fee

Once the rehab project is completed, if Cody sells the house for $234,000, the final numbers would be the following:

$234,000 sales price
- $117,000 principle on note (65% LTV)
- $63,000 down payment (35% on 65% LTV)
- $3,510 origination fee (3% of the $117,000 principle)
- $7,605 total interest paid (6 months x 13% interest)
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= $42,885 total profit (doesn't include taxes or renovation costs)

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