Alternative Forms of Capital Take Hold

LADERA RANCH, CA—As regulated lenders come under increased regulatory oversight and constraints, “shadow” banks and non-regulated lenders will be able to provide borrowers with access to other forms of capital, Money360‘s Gary Bechtel tells GlobeSt.com. As we recently reported, Bechtel has been hired as president of the firm. We spoke with him exclusively about his goals in his new role and trends in the lending environment.

GlobeSt.com: What are your goals in your new role with Money360?  Bechtel: As a company, our goal is to make Money360 the number-one lender/preferred online financing source for both borrowers and investors in the commercial real estate finance industry. What differentiates us in the online marketplace is our team’s deep expertise in the commercial real estate industry. Because of this, we offer borrowers the ability to confidently finance transactions under a variety of lending programs, including permanent, bridge and mezzanine loan structures. Our team also has strong technology experience, which we will use to continue to expand our technology platform and origination capabilities. Combined with additions to our back office, this allows us to offer a number of different investment opportunities to institutional and accredited investors and close on deals efficiently.