Source Capital Funding
Source Capital Funding is a privately-held direct hard money lender founded in 2007, originating asset-based real estate loans ($100K-$5M) across five US states. It serves real estate investors, commercial property owners, probate clients, and credit-challenged borrowers through in-house underwriting and a broker channel partnership model.
- Company typePrivate
- Founded2007
- HeadquartersSan Diego, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Source Capital Funding does
Source Capital Funding is a privately-held direct hard money lender founded in 2007 and headquartered in San Diego, California. The company originates short-term, asset-based real estate loans secured by residential, commercial, industrial, and mixed-use properties, serving real estate investors, commercial property owners, probate and estate clients, mortgage brokers, and borrowers with credit challenges who cannot qualify for traditional bank financing. Its core product is hard money lending with loan sizes from $100,000 to $5,000,000, interest rates of 8.99%-13.99%, 12-24 month terms, and LTV up to 70% (first position) or 60% CLTV (second position). The company supplements core hard money loans with bridge loans, DSCR loans, owner-occupied cash-out loans, and probate/estate financing, and has funded over $551M across 1,368 loans since inception.
The company operates a direct lender model with all underwriting, decisioning, and funding handled in-house, enabling 24-hour approvals and 7-10 day funding timelines. Its technology stack consists of a streamlined web-based loan application platform and a dedicated broker portal that provides real-time loan status updates and broker fee protection. Source Capital is licensed and operates physical offices across five states (California, Arizona, Colorado, Minnesota, and Texas) under federal NMLS registration (#237332) and corresponding state licenses. Revenue is generated through interest income on outstanding loans and origination fees starting at 2.0% of loan amount.
The business is backed by accredited investors providing ongoing capital deployment, enabling the company to maintain consistent loan funding capacity. Source Capital employs 11-50 staff and is led by Founding Partner Sacha Ferrandi and Partner Ryan R. Burns, supported by Processing and Servicing Director Marie Gleason. Distribution combines direct-to-consumer acquisition (website, phone, email) with a structured broker and real estate agent channel, augmented by SEO-optimized regional landing pages, content marketing, and active social media presence across five platforms.
Source Capital Funding firmographics
Firmographics- Name
- Source Capital Funding
- Legal name
- Source Capital Funding, Inc.
- Website
- https://hardmoneyfirst.com
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Source Capital Funding is a privately-held direct hard money lender founded in 2007, originating asset-based real estate loans ($100K-$5M) across five US states. It serves real estate investors, commercial property owners, probate clients, and credit-challenged borrowers through in-house underwriting and a broker channel partnership model.
- Ownership category
- akta.pro rank
Source Capital Funding industry classification
Industry- Product category
- Hard Money Real Estate Lending
- NAICS
- Real Estate Credit (522292)
- SIC
- Mortgage Bankers & Loan Correspondents (6162), Short-Term Business Credit Institutions (6153)
- akta.pro primary industry
- Hard Money & Private Mortgage Lending Intermediation (FSAEAEAH)
Keywords
Where Source Capital Funding is headquartered
LocationHeadquarters
- HQ city
- San Diego
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Source Capital Funding business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Interest Income: Primary revenue from interest charged on hard money loans. Fixed rates ranging from 8.99%-11.99% on first position loans and 11.99%-13.99% on second position loans. Loans amortized over 30 years with 12-24 month terms.
- Origination Fees: Loan origination fees starting at 2.0% of loan amount, varying based on loan size and length of term.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | First Position Trust Deed - Standard Tier |
| Other | Pay-as-you-go | Second Position Trust Deed |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Source Capital Funding product offering
Product offeringCore offering
Source Capital Funding is a direct hard money lender that underwrites and funds short-term, asset-based real estate loans secured by property collateral. The company qualifies borrowers based on the property's value rather than credit, income, or employment history, offering loans from $100,000 to $5,000,000 with 12-24 month terms at fixed rates of 8.99%-13.99%. All underwriting and funding decisions are made in-house, enabling approvals within 24 hours and funding within 7-10 days.
Product overview
Source Capital Funding is a direct hard money lender offering a unified platform of real estate-backed financing products. The core product is Hard Money Loans, which is supplemented by Bridge Loans, Private Money Loans, Real Estate Loans, DSCR Loans, and Owner-Occupied Loans. These products serve residential, commercial, and industrial property investors across Arizona, California, Colorado, Minnesota, and Texas. The company also offers specialized programs for Refinance, Investment Purchase, Commercial Property, and Probate and Estate financing. All loans are asset-based, secured by real estate with no minimum credit score requirements, and feature terms from 12-24 months with amounts ranging from $100,000 to $5,000,000.
Differentiator
Problem solved
Functional benefit
Products and services
- Hard Money Loans Short-term, asset-based real estate loans secured by property collateral. Focuses on property value rather than borrower credit, offering loans from $100,000 to $5,000,000 with terms of 12-24 months and interest rates from 8.99% to 13.99%. Available to real estate investors and property owners across Arizona, California, Colorado, Minnesota, and Texas.
- Bridge Loans
Quantifiable outcome
- 24-hour loan approval turnaround
- +4 more outcomes
Companies that use Source Capital Funding
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Source Capital Funding technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Source Capital Funding partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights6 records
Source Capital Funding competitors and assessment
Company assessmentDirect peers
- CoreVest: Real estate investor lender specializing in rental portfolio and bridge financing; now part of Franklin BSP. Comparable product mix including bridge and DSCR, with institutional capital access Source Capital lacks.
- Lima One Capital: Direct private lender offering hard money fix-and-flip, rental, and new construction loans to real estate investors; closely matched product suite (bridge + DSCR) and similar broker-and-direct GTM.
- Kiavi: Online direct hard money / bridge lender for residential real estate investors; competes head-to-head on speed, broker experience, and fix-and-flip origination. Closest product overlap to Source Capital Funding.
- New Silver: Fix-and-flip private lender; competes with Source Capital for the same fix-and-flip borrower segment and brokers; similar loan size range and asset-based underwriting philosophy.
- LendingOne: Direct private real estate lender focused on fix-and-flip and rental loans nationwide; competes on speed and asset-based underwriting with similar loan size ranges to Source Capital.
- RCN Capital: Direct private money lender for real estate investors offering bridge, rental, and rehab financing; similar product breadth and broker-friendly positioning.
- Anchor Loans: Long-standing California-headquartered hard money lender for fix-and-flip and rental investors; directly competes in California and overlap geographies, with similar asset-based underwriting.
Emerging players
- Groundfloor: Real estate debt crowdfunding platform; addresses an adjacent fix-and-flip borrower segment via a retail-investor-funded model. Partial overlap with Source Capital's core market and a useful structural comparison on capital sourcing.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Source Capital Funding social profiles
Digital presenceSource Capital Funding compliance and trust
Trust signalCompliance2 records
Source Capital Funding financial estimates
Financial estimateRevenue estimate
Valuation estimate
Source Capital Funding leadership team
Management profileNumber of profiles
Profiles3 records
Source Capital Funding funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Source Capital Funding M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Source Capital Funding
What does Source Capital Funding do?
Source Capital Funding is a direct hard money lender that underwrites and funds short-term, asset-based real estate loans secured by property collateral. The company qualifies borrowers based on the property's value rather than credit, income, or employment history, offering loans from $100,000 to $5,000,000 with 12-24 month terms at fixed rates of 8.99%-13.99%. All underwriting and funding decisions are made in-house, enabling approvals within 24 hours and funding within 7-10 days.
Is Source Capital Funding a public or private company?
Source Capital Funding is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Source Capital Funding founded?
Source Capital Funding was founded in 2007. It employs 11 to 50 people.
Where is Source Capital Funding based?
Source Capital Funding is headquartered in San Diego, United States, in the North America region.
How does Source Capital Funding make money?
Two revenue lines are on record. Interest Income is the primary driver. The others are origination Fees.
Who are Source Capital Funding's main competitors?
Direct peers on record are CoreVest, Lima One Capital, Kiavi, New Silver, LendingOne, RCN Capital and Anchor Loans. Groundfloor is listed as an emerging player.
Does Source Capital Funding have an API?
No public API is recorded for Source Capital Funding.
What industry is Source Capital Funding in?
Source Capital Funding's product category is Hard Money Real Estate Lending. Its primary akta.pro industry code is FSAEAEAH, Hard Money & Private Mortgage Lending Intermediation. Its NAICS code is 522292 and its SIC code is 6162.