At Nectar, our mission has always focused on helping experienced real estate entrepreneurs grow faster and keep their upside with flexible financing. That same mission is at the heart of our newest product: Nectar Preferred Equity.
With Preferred Equity, we’re excited to help even more real estate investors access financing that fits their unique needs and goals.
In this article, we’ll break down who the product is for, how you can use it, and why it’s different from our previous offerings.
This product is designed for two main audiences:
Portfolios can include short term rentals, long term rentals, and multifamily investments.
To qualify for funding, you’ll need to be cash flow positive and have less than 75% portfolio-level loan to value. Operators must also have an established business entity and a dedicated business bank account.
If you’re looking to grow your portfolio and meet these criteria, now’s a great time to apply for financing! Simply create an account at app.usenectar.com and submit your P&L to get started.
Nectar’s financing is uniquely flexible and you can use it for anything from making a down payment on a new property, to hiring employees, to refinancing high cost debt.
Other popular use cases include:
Whatever next step you need to take to grow your business, we’re here to provide you with the fast, flexible financing you’re looking for. Find out if you qualify here.
We know that every business is unique, so we want to work with you to provide the terms that make the most sense for your business. Term lengths, advance amounts, and financing fees can all be customized to fit your needs.
Want to see how much you could qualify for? Head to this link and submit your trailing 24-month P&L with debt service to find out your possible terms.
With Nectar pref equity, annualized financing fees start as low as 12% (fees are subject to change), and we’re able to close in as little as 7 days.
Nectar takes a temporary membership stake in your business entity until all payments have been satisfied. Unlike traditional outside investors, Nectar does not take any of your upside: Your payments will stay the same each month no matter how well your business performs.
There’s also no impact on your personal credit or debt-to-income ratio, and no hard credit pull.
If you’re ready to find out how Nectar Preferred Equity can help you grow your real estate business? Start your application today and find out how much you could qualify for!