The startup operates a financial platform that provides short-term loans specifically for investors seeking to purchase distressed residential real estate without the need for appraisals or inspections. By offering tailored loan programs, the company enables investors to quickly access financing solutions that facilitate the acquisition of both single and multi-family properties.
Funding
$73.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Real estate investors and builders often face challenges in securing timely and flexible financing from traditional lenders, especially for short-term projects like fix and flips or new construction. Traditional bank processes can be slow and rigid, causing delays and missed opportunities in fast-moving markets.
Solution
Cascara Capital provides short-term real estate loans tailored to the needs of investors and builders, offering a streamlined and efficient alternative to traditional financing. They specialize in fix and flip loans, vertical construction loans, and bridge loans, enabling borrowers to acquire, renovate, and construct properties quickly. With a focus on builder-centric financing, Cascara Capital offers quick closings, same-day analysis, flexible draws, and in-house servicing, ensuring projects stay on schedule. Their lending solutions are designed to empower real estate ambitions by providing the capital needed to scale projects with confidence.
Target Audience
The primary target audience includes real estate investors, builders, and developers seeking short-term financing for fix and flip projects, new construction, and bridge loan opportunities. Cascara Capital also targets brokers and loan officers looking to offer their clients reliable and flexible financing options.
Features
- Fix & Flip Loans: Financing for acquisition and renovation costs to enhance properties for resale.
- Vertical Construction Loans: Capital for land acquisition and construction of new housing projects, including single-family homes and multi-unit developments.
- Bridge Loans: Short-term financing to seize opportunities and close deals quickly.
- Quick Closings: Close loans in as little as 15 days with same-day analysis and term sheets.
- Flexible Draws: Multiple draws per month with 24-hour inspections and percentage-completion-based funding.
- In-House Servicing: Dedicated team for the life of the loan, ensuring personalized support.
- Broker Network: Referral program for brokers and loan officers to offer clients fast and flexible financing solutions.