Real Estate Business Financing Expires Along With Homebuyers’ Credit

Predictably, home sales have stalled, as have new housing starts, following the expiration of the $8,000 homebuyers’ tax credit earlier this year. Home sales are down sharply following the expiration of the incentive program that was designed to prop up the flagging real estate market. Businesses that specialize in real estate support services, (like landscaping, interior decorating, home staging, painting, home improvement and home repair, property management, etc.) will be called on to help homeowners make their saleable properties shine. Unfortunately, slower home sales mean that traditional lenders will tighten the market for real estate business financing.

Some real estate businesses are actually thriving amid slow real estate sales, and access to real estate business financing is critical. Rapid Capital Funding offers a small business loan alternative that may be ideal for real-estate oriented businesses. A merchant cash advance enables your real estate business to sell a portion of its credit card sales in exchange for up to $250,000 in cash. If your real estate business generates at least $2,500 each month in credit or debit receipts, you’re likely qualified to receive the real estate business financing you’ve been looking for.

Contact Rapid Capital Funding today and find out more about our real estate business financing options.

Photo Credit: The Truth About…, via Flickr

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