Turbo Close®
Quick. Simple. Reliable. Our underwriting process allows us to fund residential and commercial loans in 5 days or less.
Loan Overview
Securing hard money lending just got easier—and faster.
Under pressure to close a transaction on a short fuse? Our Turbo Close® is the answer you've been searching for. Save your earnest money deposit, 1031 exchange emergencies, or any other time-sensitive situation. We perform to save your deal and save you money.
Loan Benefits
Work with a team of experts you can trust.
Since 2007, we've funded more than $2 billion. As we continue to lead the way in hard money lending, we're proud to lend our industry expertise, too. Our Turbo Close® borrowers can rely on us to deliver on our promise of speed, certainty, and clarity in every new deal we close.
Property Type
Explore property types with our solutions-oriented team.
- Residential
- Retail
- Industrial
- Mixed-use
- Commercial
- And more!
Loan Amounts
Turbo Close® loans range from $100K-$20M.
Transaction Types
Deals funded include urgent purchases of residential and commercial properties.
Capital Secured
Because we're a direct lender, the money is ready to fund. We don't need to look for money; we are the money!
What Our Customers Are Saying
"In the world of commercial real estate, having a trusted partner who can provide guidance and support throughout the transaction process can make all the difference. We will definitely look forward to engaging with Socotra Capital on future transactions."
Lenard Vaughn
Borrower
"The amazing team at Socotra Capital gives you all the help you need along the way. Big thanks to Xavier, Cory, and Tami for their time and patience. I strongly recommend this group for a quick close all the way through!"
Kamal Almutarreb
Borrower
"Socotra Capital financed one of the commercial properties we acquired. The loan was approved in less than two weeks, and escrow was closed in less than three weeks after signing the Sale and Purchase agreement. Everyone at Socotra was professional and diligent."
Anonymous
Borrower
"The team at Socotra understands that time is of the essence in real estate transactions. They will not bog you down in weeks (months?) of due diligence, reviews, and endless documentation. If speed and certainty of close is important to you, then Socotra Capital should be your lender."
Andrew Kotowicz
Borrower
"Beyond the outstanding rates of return we’ve experienced, the team of Socotra professionals adheres to a strict and consistent investment philosophy that reduces variability compared to other hard money investment companies. Their communication with customers is amazing. They take time to really educate their investors."
Tom Taylor
Borrower
Guide
The Borrower’s Guide: Process, Preparedness, and Timeline
Getting turned down for a loan from a traditional bank is frustrating, but it’s not the end of the road. If you have found an investment property, have immediate capital needs, or need quick cash to keep your business going, alternative lending solutions could be the answer.
Hard money lenders aren’t subject to the same restrictions as traditional banks, so even if you can’t secure a bank loan, you can get the funds you need. In fact, the process is often faster, which is why many investors choose to get a hard money loan even when bank financing is possible.
Resources
Read our hard money insights.
