Why do borrowers use Vintage Fund IV?

 In

There is a large number of borrowers that fall into a secondary market that are looking for capital for various real estate secured projects. The secondary market is composed mostly of predatory hard money lenders whose rates and terms are more punitive than reasonable. Vintage Fund IV fills the gap between institution and hard money by providing capital for reasonable rates and terms to borrowers who do not qualify for institutional financing but do not want to pay the high rates of hard money lenders.

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