The driving force behind 24 Capital's success is their innovation. Based out of Hackensack, New Jersey, 24 Capital's dedicated President is Gregg Wolfer. Lending institutions are traditionally perceived as cold or unforgiving, and for good reason—they usually are, but 24 Capital claims to be a different kind of lender that the market has been seeking. Any size loan from $1 million up to $100 million needs to closed on quickly because of the immediate needs of businesses when they are trying to take action, the importance of creativity in any commercial bridge loan cannot be overstated. 24 Capital is capable of committing to a loan proposal in as little as twenty four hours, thus the inclusion of those numbers in their name, and can close on a loan in as little as five days.
At 24 Capital they realize that loans shouldn't be judged on numbers and scores alone, but upon the character of the individual. Their reputation is built upon the notion that they look at each business or individual as unique and deserving of more analysis than simple numbers can communicate. Their talented research team compiles every piece of relevant information for analysis and the financial team puts together workable loan packages that allow borrowers to move forward without obstructive upfront fees. Businesses do not want to, and shouldn't have to, pay exorbitant fees in addition to the customary out-of-pocket expenses they already pay. The rise and fall of traditional lending institutions is predictable, but not lamentable, and they will always exist in some form or another. But 24 Capital invites you to discover why more borrowers are seeking out an alternative in an attempt to close deals quickly.
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