Charleston, SC (September 2024) – Investors seeking consistent returns and diversification in real estate are finding new opportunities with 890 Capital, a private fund specializing in asset-based lending. Headquartered in Charleston, 890 Capital offers fast and flexible hard money loans to real estate investors, providing the capital they need to finance time-sensitive projects. With a focus on serving the booming South Carolina and Southeast markets, 890 Capital is delivering above-market returns while mitigating risk through a proven investment strategy.
Frank Conway, CEO and General Partner at 890 Capital, highlights the firm’s mission: “At 890 Capital, our goal is to provide borrowers and investors with a streamlined, transparent experience. We have over 15 years of expertise in real estate and our team has built incredible relationships with top operators in the markets we serve. This allows us to offer investors stable returns while helping these developers and real estate entrepreneurs meet their project goals.”
Hard money loans are an increasingly popular financing solution for real estate investors who need rapid access to capital but face challenges securing traditional bank loans. Speed is the name of the game and most developers and entrepreneurs are finding banks cannot move quickly enough. The firm provides a wide range of loan types, including fix-and-flip, bridge, and new construction loans. 890 Capital’s loans are secured by individually underwritten real estate assets, ensuring strong risk management for both investors and borrowers.
Caleb Pearson, General Partner at 890 Capital, adds: “The South Carolina real estate market is experiencing exponential growth, and we’re in a prime position to capitalize on that. Our borrowers benefit from quick approvals and access to capital that traditional banks simply can’t match. By leveraging our strong market connections and a disciplined underwriting process, we’ve been able to serve a diverse range of investors and borrowers.”
890 Capital’s success lies in its combination of rigorous due diligence and a strategic focus on diversification. By spreading investments across multiple real estate projects and geographic locations, the firm ensures consistent returns while minimizing exposure to any single investment. The firm also takes pride in its investor-first approach, offering monthly interest payments and ongoing transparent communication that suits each investor’s unique needs.
“Our investors trust us to deliver results, and we take that responsibility seriously,” says Conway. “We’ve created a platform where investors can enjoy passive income without the hassles of direct property management. Our team handles everything, from underwriting to managing the loan portfolio, so our clients can focus on what matters most—diversification and growing their wealth.”
As 890 Capital continues to expand its footprint in the Southeast U.S., the firm remains committed to offering investment solutions that benefit both seasoned real estate professionals and those new to asset-based lending. With strong early-stage success, 890 Capital is well on its way to achieving its target funding, providing investors with unparalleled access to one of the fastest-growing real estate markets in the country.
For more information about 890 Capital, visit us www.890capital.com or contact us at (843) 620-9890 or info@890capital.com.
