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BBB Business Review

BBB Accredited Business since 1/10/2012

Source Capital Funding, Inc.

Additional Locations

Phone: (858) 705-6144 Fax: (858) 368-5444 6737 E. Phelps Road, Scottsdale , AZ 85254 http://www.source-capital.com View Additional Web Addresses Twitter

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Description

Located in San Diego, California, and a branch office in Scottsdale, Arizona, Source Capital Funding, Inc. specializes in the underwriting and funding of short term commercial and residential real estate loans in California and Arizona. Our unique approach to financing with private capital allows speed and flexibility that traditional banking environments cannot provide.

Investment requirements are primarily based on equity in the property. Loans are secured by deeds of trust on real estate and are further secured by a promissory note and personal guarantee. All loans are serviced through a nationally recognized licensed, bonded and insured loan servicing company.

Source Capital consists of two business partners, Sacha Ferrandi and Patrick Hook, who have a diverse background in real estate, sales and corporate finance. Our legal counsel has 40 years of real estate experience and is an integral part of our management team. As a result, our clients have grown to rely on the skills, experience and knowledge of a professional team that understands all aspects of the real estate industry.

Source Capital works closely with brokers, borrowers and investors to ensure a secure and timely transaction. Our clients can count on Source Capital’s strong commitment to the highest standards of business ethics, underwriting due diligence and post-funding management.

Source Capital has an outstanding track record with the Better Business Bureau and has been featured in numerous publications throughout the Western United States. We have received numerous testimonials from our clients and have earned the reputation of being California and Arizona’s premier small cap lender. Our sound business principles and commitment to our clients have allowed us to build and maintain successful business relationships that last a lifetime.

BBB Accreditation

A BBB Accredited Business since 1/10/2012

BBB has determined that Source Capital Funding, Inc. meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.

BBB accreditation does not mean that the business' products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business' product quality or competency in performing services.

Reason for Rating

BBB rating is based on 16 factors. Get the details about the factors considered.

Factors that raised the rating for Source Capital Funding, Inc. include:

  • No complaints filed with BBB.
  • BBB has sufficient background information on this business.

Customer Reviews Summary Read customer reviews

0 Customer Reviews on Source Capital Funding, Inc.
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

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Customer Complaints Summary

0 complaints closed with BBB in last 3 years | 0 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 0
Billing/Collection Issues 0
Delivery Issues 0
Guarantee/Warranty Issues 0
Problems with Product/Service 0
Total Closed Complaints 0

Definitions | BBB Complaint Process | File a Complaint against Source Capital Funding, Inc.

Additional Information

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BBB file opened: January 06, 2012 Business started: 01/24/2007 in CA Business incorporated: 01/24/2007 in AZ
Licensing

This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

These agencies may include:

Arizona Department of Financial Institutions
2910 N. 44th Street, Suite 310, Phoenix AZ 85018
http://www.azdfi.gov
Phone Number: 602-771-2800
Fax Number: 602-381-1225
consumeraffairs@azdfi.gov

Type of Entity

Corporation

Business Management
Mr. Patrick J. Hook, President
Contact Information
Principal: Mr. Patrick J. Hook, President
Business Category

Mortgage Lender Loans Loans - Small Business Mortgage Brokers Mortgage Brokers Mortgage Brokers Mortgage Bankers

Method(s) of Payment
N/A
Refund and Exchange Policy
N/A
Alternate Business Names
Source Capital Funding, Inc. Source Capital Funding, Inc.
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BBB Complaint Process

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