Piedmont Capital Lending

About Piedmont Capital Lending

Piedmont Capital Lending is a Roswell, GA based hard money lender. They offer loans throughout Georgia. They offer loans for a variety of scenarios, including hard money loans for commercial properties, loans for investments properties, and fix-and-flip loans. They provide rates ranging between 14% and 16%, terms between 6 months and 18 months, and loan amounts ranging from $50,000 to $500,000 with a maximum LTV of 65%. They will make loans on the following types of properties: single family homes, multi family, apartment buildings, office units, retail spaces, and industrial buildings.

Loan Types Offered: Investment Property Loans, Fix and Flip Loans, Commercial Hard Money Loans

Property Types Covered: Single Family, Multi Family, Apartment, Office, Retail, Industrial

Areas Served: GA

Lending Guidelines for Piedmont Capital Lending

Below are the general loan guidelines published on the Piedmont Capital Lending 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 Piedmont Capital Lending.

Loan Example 1

Selma closes on a $390,000 rehab project in Atlanta, GA, using a fix-and-flip loan from Piedmont Capital Lending. The lender agrees to write a loan with a 60% loan to value (LTV) so they will extend $234,000 on the project. The note is interest-only, paid monthly, and is for 18 months at 14% interest with 2 points to be paid when the deal closes.

Selma will have to contribute $156,000 at the closing (40% on the 60% loan to value), plus she will need to pay the $4,680 origination fee. After the deal is closed and Selma takes the project, she will have to begin making payments each month of $2,730 to Piedmont Capital Lending ($234,000 principle x 14% / 12 months). If Selma meets her goal of a $507,000 total sales price at the end of the loan term, she would pocket a gross profit of $63,180 after re-paying the principle on the note and subtracting the cash she paid at closing, the origination points, and the monthly interest payments.

Loan Example 2

Angelina is a an investor in Atlanta, GA. She locates a run-down property for a rehab project and obtains a hard money loan from Piedmont Capital Lending with the following features:

$310,000 sales price
55% loan to value (LTV)
12 month term
10% interest rate
3% origination fee

Angelina plans to sell the house when the note expires for $434,000. If she succeeds, the final numbers will be the following:

$434,000 sales price
- $170,500 principle on note (55% LTV)
- $139,500 cash paid at closing (45% on 55% LTV)
- $5,115 origination fee (3% of the $170,500 principle)
- $17,050 interest payments (12 months x 10% interest)
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= $101,835 gross profit (doesn't include taxes or renovation costs)

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