New Silver

What New Silver does

New Silver is a technology-enabled hard money lender serving real estate investors across the United States, operating as New Silver Lending LLC under NMLS license 2154545. The company offers three core loan products: Fix & Flip bridge financing (up to $5M, 8.5-11% interest, 1-1.75% origination, 12-18 month terms), 30-year fixed-rate DSCR Rental loans (up to $3M, from 6% interest, 0-2% origination) that qualify on property cash flow rather than borrower income, and Ground Up Construction loans for residential builders (up to $5M, 9.75-11.25% interest, 1-2% origination, up to 18 months). The platform is differentiated by a first-to-market real-time pricing engine, a 5-minute online approval process, AI-assisted underwriting, and instant proof-of-funds letter generation, with an average closing time of 10 days versus 30-45 days for traditional financing.

The underlying technology stack combines a self-serve online application portal with a proprietary real-time pricing engine, AI underwriting, and an integrated investor toolset including the FlipScout property discovery tool and several calculators (ARV, hard money, DSCR, house flipping). New Silver monetizes primarily through interest income on originated loans and origination fees, supplemented by referral and affiliate economics ($750 per closed loan via referrals; 50 bps per closed loan via FlexOffers-affiliated publishers) and a White Label Partner program that provides free LOS software to correspondent lenders in exchange for originated volume, with partners earning up to 2.25% on top of New Silver's 0.75 bps origination. The company also operates the New Silver Income Fund, a 12-14% target-yield vehicle with monthly distributions that accepts 401K and IRA capital, opening a new investor-funded source of loan capital.

Geographic reach covers 35+ U.S. states through direct digital onboarding and a layered partner motion spanning correspondent lenders, referral partners, and affiliate publishers. The borrower base is entirely SMB/individual real estate investors, with a 50%+ repeat borrower rate and over $1 billion in cumulative applications processed since the company's 2019 founding. The company is headquartered in West Hartford, Connecticut, with 11-50 employees, and is led by co-founder and CEO Kirill Bensonoff and managing partner Alex Shvayetsky.

Name

New Silver

Legal name

New Silver Lending LLC

Website

https://newsilver.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

New Silver is a tech-enabled hard money lender offering Fix & Flip, DSCR Rental, and Ground Up Construction loans to individual and SMB real estate investors across 35+ U.S. states through a digital, self-serve platform with 5-minute approvals and 10-day closings.

Ownership category

akta.pro rank

Product category

Hard Money Lending

NAICS

Sales Financing (52222)

SIC

Finance Services (6199)

akta.pro primary industry

Underwriting Automation & Income/Employment Verification (FSAGAHAD)

akta.pro secondary industry

Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC)

Keywords

• Hard money lending
• Real estate investment loans
• Fix and flip financing
• DSCR rental loans
• Construction lending

Headquarters

HQ city

West Hartford

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Interest Income - Fix & Flip Loans: Short-term bridge loans for investment properties with interest-only payments. Loans typically 12-18 months terms with interest rates ranging 8.5-11% and origination fees of 1-1.75%.
2. Interest Income - DSCR/Rental Loans: 30-year fixed rate loans for stabilized rental properties with interest rates starting from 6% and origination fees of 0-2%. Revenue earned through monthly interest payments over the life of the loan.
3. Interest Income - Ground Up Construction Loans: Construction loans for residential builders with interest rates 9.75-11.25% and origination fees of 1-2%. Interest-only payments during construction phase with full balance due at maturity.
4. Referral Fees: Partner referral program where referrers earn $750 per closed loan while referred clients receive $500 discount.
5. Affiliate Lead Generation: Affiliate program through FlexOffers earning $50 per completed loan application and 50 bps per closed loan sale (typically $500-$3,000 per loan).
6. Partner Origination Fees: White label partners can set and earn their own fees with New Silver origination starting from 0.75 bps plus partner origination up to 2.25%, total combined up to 3% plus additional processing fees up to $1,000.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

New Silver is a technology-driven hard money lender that originates short-term bridge loans, long-term DSCR rental loans, and ground-up construction loans for real estate investors. The company operates a fully digital, self-serve platform with a real-time pricing engine that delivers approximately 5-minute preliminary loan approvals, instant proof-of-funds letters, and AI-powered underwriting for asset-based qualification without income documentation.

Product overview

New Silver is a technology-driven hard money lender for real estate investors operating as a unified platform combining loan origination and investment property financing tools. The core product portfolio consists of three loan programs: Fix & Flip Loans (short-term bridge financing for purchase + rehab projects), Rent Loans (30-year DSCR-based rental property financing), and Ground Up Construction Loans (residential ground-up development financing). The platform integrates a suite of investor tools including the Quick Loan Quote calculator, ARV Calculator, Hard Money Calculator, DSCR Calculator, House Flipping Calculator, FlipScout property research tool, and Instant Proof of Funds Letter generator. The company also operates partner programs including a White Label LOS Software offering for correspondent lenders, a Referral Program, and an Affiliate Program managed through FlexOffers. New Silver processes over $1 billion in applications, maintains a 50%+ repeat borrower rate, and closes loans in an average of 10 days.

Differentiator

Problem solved

Functional benefit

Brands

• FlipScout: Property search and analysis tool for real estate investors
• New Silver Income Fund

Products and services

• Fix & Flip Loans Short-term bridge loans for real estate investors purchasing and rehabilitating residential investment properties. Funds cover purchase plus renovation costs (or refinance plus rehab) with loan amounts up to $5,000,000, interest rates of 8.5-11%, origination fees of 1-1.75%, up to 100% construction financing, and interest-only payments during the renovation period.
• Rent (DSCR Rental) Loans 30-year fixed-rate loans for stabilized rental properties, qualified on property cash flow (Debt Service Coverage Ratio) rather than borrower income. Loan amounts up to $3,000,000, interest rates from 6%, origination fees 0-2%, with no minimum DSCR requirement (approvals start at 0.75 DSCR with a no-ratio option).
• Ground Up Construction Loans Construction loans for residential builders and developers building single-family, townhome, or small multi-family projects from raw land or tear-downs. Up to $5,000,000, interest rates of 9.75-11.25%, origination fees 1-2%, terms up to 18 months, up to 90% loan-to-cost, up to 100% construction financing, and up to 75% loan-to-ARV.
• New Silver Income Fund An investment product offered to investors that targets 12-14% annual income with a 12% preferred return, no lockup period, and monthly distributions. Accepts 401K and IRA funding, allowing passive investors to participate in the lending program.

Quantifiable outcome

• 5-minute loan approval time vs. weeks for traditional lenders
• +3 more outcomes

Named customers7 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• FlexOfferscoreGTM or Marketing PartnerNew Silver has partnered with FlexOffers, an award-winning affiliate marketing network, to power their affiliate program. Publishers and content creators can sign up through FlexOffers to join New Silver's affiliate program and earn commissions for driving loan applications and closed loans.
• White Label Correspondent PartnerscoreChannel Partner/ Reseller/ DistributorEstablished lenders and brokers with 12+ months origination history and ability to originate 10+ deals per year can become white-label partners. New Silver provides free LOS software and capital while partners source and process deals under their own brand.
• Referral Program PartnersminorGTM or Marketing PartnerReal estate brokers, mortgage professionals, and financial services professionals can refer real estate investors to New Silver. Partners earn $750 per closed loan with $500 discount for referred client. Simple online application with unique tracking link for attribution.
• FlipScoutcoreTechnology or IntegrationFlipScout is New Silver's proprietary property analysis tool helping investors find profitable investment properties using data and insights. Integrated into the New Silver platform to provide end-to-end service from property discovery to funding.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Kiavi: Kiavi (formerly LendingHome) is a leading tech-enabled lender focused on fix-and-flip and rental investor loans — the closest direct competitor to New Silver, operating a similar real-time digital application and underwriting model targeting the same real estate investor customer base.
• Lima One Capital: Lima One Capital is an established private lender offering fix-and-flip, rental, and ground-up construction loans to real estate investors. It is one of the larger incumbents in the same loan products New Silver offers, with similar DSCR rental and bridge loan products.
• Groundfloor: Groundfloor is a tech-enabled real estate lending platform offering short-term fix-and-flip loans to individual investors, with a marketplace model. It overlaps directly with New Silver's fix-and-flip product and SMB investor target market.
• CoreVest Finance: CoreVest (now part of Redwood Trust) specializes in DSCR rental loans and fix-and-flip financing for real estate investors — a direct competitor in the same niche, particularly on the rental/DSCR product line where New Silver also competes.
• Patch of Land: Patch of Land is a real estate crowdfunding/marketplace lender focused on fix-and-flip loans to investors, operating a tech-enabled origination model — directly comparable in target customer and product offering to New Silver.
• Visio Financial Services: Visio Financial Services is a private lender providing rental portfolio, fix-and-flip, and new construction loans to real estate investors — operating in the same product categories and customer segment as New Silver.

Emerging players

• AcreTrader: AcreTrader is a tech-enabled real estate investment platform that has expanded into lending-adjacent products for investors. While primarily a farmland investing platform, its investor base overlaps with New Silver's SMB real estate investor audience.
• Roofstock: Roofstock is a marketplace for single-family rental investment properties that complements New Silver's DSCR rental lending product — both serve the professional/semi-professional landlord segment, with Roofstock on the acquisition side and New Silver on the financing side.

Broad incumbents

• Angel Oak Mortgage Solutions: Angel Oak Mortgage Solutions is a non-QM and investor loan lender with a broader product portfolio (including non-QM owner-occupied), serving as an incumbent in the broader non-QM/investor lending space that New Silver occupies.

Others

• Fundrise: Fundrise is a real estate investing platform offering private REITs and real estate debt products. While not a direct lender, Fundrise represents an alternative capital source for real estate investors and an indirect competitor for capital allocation.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/newsilverlend
• Facebookfacebook.com/newsilverlending
• LinkedInlinkedin.com/company/new-silver
• Instagraminstagram.com/newsilverlending

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Silver