Hard money loans for business owners and investors

BuildUp Capital is an asset-secured hard money and bridge lender. We make first-position, business-purpose loans of $100K–$10M for 6–18 months, up to 80% LTV on residential or commercial real estate, in eight states. Based in Salt Lake City, Utah. Organized in 2026. Our team has been lending since 1993.

See if you qualify in 60 secondsRates & terms

Hard money loan terms in all eight states

Loan size
$100K–$10M
Term
6–18 months
Position
First position (a second position is the rare exception)
Max LTV
Up to 80%, residential or commercial
Rates
Rates as low as 11% for prime-market, low-LTV loans; most first-position loans start around 12%.
Payments
Monthly, interest-only; prepayment allowed
Speed
Term sheet typically within 5 business days; close typically around 10 days once diligence is in
Purpose
Business purpose only — not consumer mortgages

Final pricing depends on the property, the market and the exit; fees are stated in the term sheet before you pay for diligence. Documents we ask for

What “hard money” means here — and how we differ

Yes. We’re an asset-secured hard money lender: we lend against real estate, decide on the property’s value and the exit rather than a bank-style credit box, and close in days rather than months. Where we differ from a typical hard money shop: we lend to business owners as well as investors, we lead with first-position loans (up to 80% LTV), we put at least 10% of our own capital into every loan, monthly payments are interest-only with no daily or weekly drafts, prepayment is allowed, and every fee is in the term sheet before you spend money on diligence.

Not sure hard money is the right tool? Read hard money vs. a bank loan and how to exit a bridge loan.

Primary markets

Utah, Colorado and Texas

Hard money loans in Utah3.50 million people (2024), +7.1% since 2020. BuildUp Capital is an asset-secured hard money lender based in Salt Lake City. In Utah we make first-position, business-purpose loans of $100K–$10M for 6–18 months, up to 80% LTV on residential or commercial property — from Ogden to St. George.Utah hard moneyHard money loans in Colorado5.96 million people (2024), +3.2% since 2020. BuildUp Capital makes asset-secured hard money loans across Colorado.Colorado hard moneyHard money loans in Texas31.29 million people (2024), +7.3% since 2020. BuildUp Capital makes asset-secured hard money loans across Texas.Texas hard money

Metro regions

Also lending in

Common questions

Hard money loans — what people ask

Is BuildUp Capital a hard money lender?
Yes. We’re an asset-secured hard money lender: we lend against real estate, decide on the property’s value and the exit rather than a bank-style credit box, and close in days rather than months. Where we differ from a typical hard money shop: we lend to business owners as well as investors, we lead with first-position loans (up to 80% LTV), we put at least 10% of our own capital into every loan, monthly payments are interest-only with no daily or weekly drafts, prepayment is allowed, and every fee is in the term sheet before you spend money on diligence.
What does a hard money loan cost?
Rates as low as 11% for prime-market, low-LTV loans; most first-position loans start around 12%. Origination is typically 1–4%, stated in the term sheet. Payments are monthly, interest-only.
How much can I borrow?
$100K–$10M. Maximum loan-to-value is up to 80% on both residential and commercial property — the final figure depends on the property, the market, and the exit.
Where do you make hard money loans?
We lend in eight states — Colorado, Utah and Texas first, plus Arizona, Oklahoma, Idaho, Montana and Wyoming. Each state page below covers local collateral, the foreclosure and title process (with statute citations) and the cities we serve.
Do you make consumer or owner-occupied home loans?
No. Every loan is for a business purpose — buying, refinancing or freeing equity in real estate to fund a business or an investment. We do not make consumer mortgages.
Hard money or bank loan — which should I use?
If a bank will lend on your timeline at bank pricing, take the bank loan. Hard money is for when the timing, the property or the file does not fit a bank — and it should come with a clear exit, usually a sale or a bank refinance within 6–18 months.