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Gauntlet Funding

Melville, NY·2 states
Gauntlet Funding is a New York based private funding group comprised of experienced and knowledgeable industry professionals who specialize in direct private lending and distressed asset financing. We provide loans to residential and commercial real estate investors in the New York metropolitan area and Florida. We are dedicated to our clients, providing both industry expertise and quick closings at competitive terms.
Gauntlet Funding describing itself

Terms & qualification

Typical loan size
$100K – $4.5M
Typical term
12 mo – 30 yr
Interest rate
7.99% – 13%
Origination / points
2% to 2%
Minimum FICO
550
Lien position
1st
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Always
Closing speed
14 days typical · 2 days fastest
Cross-collateral
Yes
Equity / JV capital
Yes
Income documentation
Credit Report, Bank Statements, Financial Statements, Loan Application
Borrower entity
LLC, Corporation

Lending footprint

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.