SOURCE: WexTrust Capital, LLC

February 05, 2007 12:56 ET

WexTrust Capital Announces Expansion of Its Hard Money Lending Program

CHICAGO, IL -- (MARKET WIRE) -- February 5, 2007 -- WexTrust Capital, LLC, a globally diversified private equity and specialty finance company, announced today that it has expanded its hard money lending program which began in 2002.

Hard money is a widely accepted type of alternative financing in which borrowers receive capital against the value of their holdings, which typically are comprised of real estate. Hard money loans provide a viable alternative for borrowers that are rejected by commercial banks or other deposit institutions for a variety of reasons including: the need to close quickly; low FICO scores; borrowers' past credit issues; and temporary property issues such as vacancy or cost overruns.

"Unlike most hard money portfolio lenders, WexTrust Capital has experience in all aspects of real estate, not just lending," said Amnon Cohen, director of Merchant Banking for WexTrust Capital. "As an owner, operator and developer of residential and commercial real estate, we are better prepared to consider a broad range of collateral options including but not limited to industrial, office, multi-family, retail and more."

WexTrust Capital offers a variety of options with typical loans ranging from $500,000 to $5,000,000, and terms up to three years. The company also has the flexibility to offer loans that are larger or smaller than its typical transactions. Some of its typical transactions include uses for acquisitions; refinances; debt consolidations; partner buyouts; rehab and construction; mortgage acquisitions; and bankruptcy resolutions.

For more information on WexTrust Capital's hard money lending program, please call toll free: 888-2-WEX-LOAN or visit:

About WexTrust Capital

WexTrust Capital, LLC is a globally diversified private equity and specialty finance company with a proven track record for protecting its clients' assets and delivering a superior return-on-investment through its diverse portfolio of principal investments. WexTrust Capital specializes in unique investment opportunities ranging from real estate to specialty finance and investment banking. Headquartered in Chicago, the company also maintains offices in New York, Norfolk, Va., Atlanta, Boca Raton, Fla., Nashville, Tenn., Tel Aviv, Israel, and Johannesburg, South Africa. More information can be found at

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