201-942-9089 info@abl1.net

South Carolina

South Carolina Hard Money Loans for Fix and Flips, New Construction, and Rental Properties

Asset Based Lending is the premier hard money lender for South Carolina real estate investors, providing hard money loans for fix and flips and new construction investments, as well as cash out refinances and term rental loans. Our focus is on closing deals quickly and reliably, using our in-house servicing team to provide borrowers with a streamlined process from start to finish. We specialize in approving hard money loans in SC as quickly as 24 hours and closing deals in 10 days or less so our borrowers never miss an opportunity. ABL offers a wide variety of loan options and writes each loan to match the specific investment. If you’re looking for lower interest rates, maximum leverage, zero points, or something else- Asset Based Lending can write a loan to match your needs.

Whether you’re a first-time investor or a seasoned pro, ABL is ready to partner with you on your next project. We finance investments based on the asset, allowing us to offer flexible loan criteria with zero prepayment penalties. Our team are experts in the local South Carolina real estate markets, understanding that a Charleston fix and flip needs to be written differently than a Greenville new construction project. With hundreds of five-star reviews and more than half of our borrowers coming back for repeat business, its time for you to experience the ABL difference.

The Most Reliable South Carolina Hard Money Lender

Asset Based Lending first formed in 2010, starting as a hard money lender for the New Jersey and growing into the premier choice for hard money loans across the east coast. Since then, ABL has funded thousands of projects totaling over $2B. Borrower demand has allowed us to expand our services to the state, offering hard money loans in each county without restriction. We’re experts in the local real estate markets, understanding that a Florence fix and flip loan needs to be written differently than a Myrtle Beach buy & hold project. We assess each project individually and tailor the loan to match your needs, providing our borrowers with the most competitive and flexible hard money loans South Carolina has to offer.

As trusted and experienced hard money lenders in South Carolina, we pride ourselves on the business relationships we built with the best local appraisers, attorneys, and title agents in the entire state. These strong relationships help us provide the best lending service amongst South Carolina hard money lenders from the initial inquiry though closing, construction management, and payoff. If you’re a real estate investor that’s ready to qualify for the most reliable South Carolina hard money loans, then contact us today.

Prequalify Today
Get approved for your next project, or learn more about our various loan programs below:

Andrew Whitmire
VP of Lending, Carolinas

(201) 942-9089sales@abl1.netView Bio

ABL Lends in:
ABL offers hard money loans throughout all of South Carolina including Greenville County, Richland County, Charleston County, Horry County, & Spartanburg County
Andrew Whitmire
VP of Lending, Carolinas

Andrew is a seasoned professional with a background in lending, banking, and strategic marketing across North and South Carolina. Prior to joining ABL, he successfully produced and managed a team of loan officers focused on broker onboarding at a nationwide lender, spearheading loan data analysis and trade show campaigns. Andrew has a BA in Business Administration from Furman University and played a pivotal role in launching a student program by Gallup’s StrengthsQuest assessment, now integrated with incoming student orientation. Beyond his work in private lending, Andrew enjoys reading, traveling, and spending time with his partner and rescue dog.

Success Story
Orange, NJ
Gut Renovation – Two Family
Purchase Price:
Renovation Budget:
Loan Amount:
Loan Structure:
12 Months Interest Only

Fast Financing for Fix and Flips

Asset Based Lending partners with real estate investors that know how to find an investment opportunity and turn it into a successful fix and flip project. With the real estate market booming and price of construction materials through the roof, it takes more capital than ever to secure a profitable real estate deal. That’s why ABL offers fast fix and flip loans for real estate investors. These hard money loans in SC are 12-month interest-only bridge loans that allow investors to purchase and renovate a property using the most reliable flip loans on the market. Whether you’re flipping single-family or multi-family properties, our hard money flip loans are tailored to match your specific project and keep you funded from start to finish.

The ABL team are experts in the real estate markets of South Carolina, following the local market trends to ensure our borrowers are receiving the best possible fix and flip loans. We offer loan approval as fast as 24 hours and can close deals in just two days with the appropriate paperwork. ABL flip loans provide funding up to 90% of property purchase price and 100% of the rehab costs. Click here to learn more about our South Carolina fix and flip loans.

Reliable New Construction Loans

South Carolina is experiencing record-low housing inventory, which means demand for residential new construction is reaching an all-time high. ABL provides hard money loans in South Carolina for new construction to real estate investors that require competitive interest rates, flexible underwriting, and fast draw turnarounds. Our new construction loans in South Carolina are only available to experienced investors, contractors, and builders and allows them to borrow up to 90% of the land value and 100% of the construction costs.

Our team tailors these new construction loans to fit each individual project. ABL assesses the investor’s experience level and viability of the property to ensure the deal is profitable for all parties. Click here to learn more details about our SC new construction loans.

Rental Loans For BRRRR Investors

Asset Based Lending offers the most reliable and straightforward rental loans South Carolina has to offer. These private rental loans are meant for buy and hold investors that want to secure 1-4 family properties. We offer competitive terms with rates starting as low as 6.875% with leverage up to 80% LTV for BRRRR investors.. Our goal is to provide the most flexible rental loan options to our borrowers including 30-year amortization, ARM, and interest-only options.

ABL’s unique capital structure allows us to provide single rental loans up to $3M and rental portfolio loans up to $3M. We offer these loans to investors of all experience levels, assessing each deal based on the income-producing viability of the property. Our team are experts in the local real estate markets and are focused on delivering a five-star experience to each of our borrowers. If you’re ready to grow your real estate business with our South Carolina rental loans, contact us today.

Why Choose ABL?

We are Local Private Hard Money Lenders

  • We understand your local real estate conditions
  • We use local appraisers, title agents and closing attorneys

We are a Direct Lender

  • We use our in-house money to fund your loans
  • We directly control our approvals and closings

We are Reliable and We Close Fast

  • Preliminary approval in 24 hours
  • Close in 7-10 days

We Manage the Draw Process Efficiently & Quickly

  • We help create and approve your draw schedule
  • We use local inspectors to assess your progress
  • We quickly release your funds when an inspection is approved

Asset Based Lending, LLC was founded in 2010 and is a leading local source of hard money in the residential real estate market. We have consistently received praise from our borrowers who emphasize our quick, hassle-free closings, favorable terms, and creative financing solutions.

Fill out our Pre-Qualification form to start the process.