The startup provides private lending services for US and foreign national real estate investors, specializing in ground-up construction loans and bridge loans with competitive rates and no prepayment penalties. This enables borrowers and developers to secure necessary financing for real estate projects without the constraints of traditional lending practices.
Funding
$52M 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 developers often face challenges securing timely and flexible financing from traditional lending institutions due to stringent requirements and lengthy approval processes. This can delay project timelines and limit opportunities, especially for ground-up construction and short-term investments.
Solution
Alto Capital provides private lending solutions tailored to real estate investors, offering an alternative to conventional bank loans. They specialize in short-term financing options, including fix and flip loans, bridge loans, ground-up construction loans, and DSCR (Debt Service Coverage Ratio) loans for rental properties. Alto Capital aims to streamline the financing process, providing quick approvals and personalized guidance to help investors secure funding for their projects efficiently. Their services cater to both US and international investors seeking opportunities in the real estate market.
Target Audience
The primary target audience includes seasoned real estate investors and developers, both domestic and international, seeking flexible and efficient financing solutions for various real estate projects.
Features
- Fix & Flip Loans: Short-term financing for property acquisition, rehabilitation, and resale.
- Bridge Loans: Short-term loans for property acquisition, refinancing, or cash-out purposes.
- Ground-Up Construction Loans: Financing for new construction projects.
- DSCR Loans: Long-term financing options for acquiring and refinancing rental properties, based on the property's cash flow.
- Multifamily Project Financing: Tailored financing solutions for multifamily real estate projects.
- Quick pre-approval process, often within 24 hours.
- Streamlined process through collaborations with trusted title and appraisal companies.