C
Capdeck Business Loans
View this provider profile and compare source-linked details before choosing what to do next.
Cashability - Minnesota Hard Money Lender in Minneapolis, MN
No stored Google rating available.
Minnesota-based hard money lender specializing in fix-and-flip loans and bridge financing for real estate investors with loan terms from 6-12 months and APRs ranging from 10-12%.
Data compiled from public sources
Cashability - Minnesota Hard Money Lender Review
Cashability is a Minnesota-based hard money lender founded by professionals with experience as real estate agents, flippers, and investors. The company positions itself as a listed lending partner for real estate investors who need quick capital to purchase and renovate properties. Unlike traditional lenders, Cashability focuses on the construction and investment lending space where speed and flexibility are critical to winning deals.
Cashability offers three primary loan products: Fix & Flip loans (for residential properties), Bridge Loans (for primary home purchases), and Commercial Fix & Flip loans. Their Fix & Flip product allows borrowers to access up to 80% of After-Repair Value with no money down options, featuring 6-month and 9-month terms at 10-12% APR respectively. Bridge loans support home buyers needing quick closings with up to 120-day terms at 12% APR. Commercial Fix & Flip loans extend to 12-month terms for properties valued up to 70% ARV. All loan types feature monthly interest-only payments, with origination fees ranging from 2.5-4% depending on the product and loan-to-value ratio.
Cashability differentiates itself through its stated emphasis on partnership and industry experience context. The company claims to employ a holistic underwriting approach that considers both the investment property quality and the borrower's track record as a house flipping professional. They market flexibility in payment structures, deferred payment options, and rapid decision-making as key advantages over traditional mortgage lenders. The company emphasizes that their team understands the nuances of real estate investment deals and the time-sensitive nature of competitive markets.
As a hard money lender, Cashability serves a niche market but operates with significantly higher APRs and fees than traditional commercial lenders. Borrowers should expect to pay substantial closing costs (origination fees plus processing, draw, and appraisal fees) on top of double-digit interest rates. These loans are designed for short-term capital needs and rapid property turnarounds, not long-term financing. The website lacks transparency regarding approval rates, average deal sizes, or lending criteria specifics beyond basic LTV ratios.
Services & Features
Bridge loans for primary home purchases up to 120-day terms at 12% APR
Commercial Fix & Flip loans up to 70% ARV with 12-month terms
Construction draw management with one-time $500 draw fee
Fix & Flip loans up to 80% of After-Repair Value with 6-month and 9-month terms
Loan consultation based on property and investor analysis
Loan origination and processing with fees ranging from 2.5-4%
Monthly interest-only payment servicing throughout loan term
No money down loan options on residential fix-and-flip products
Property appraisal services included in loan process
Rapid application and approval process for time-sensitive deals
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pros & Cons
Pros
- No money down options available on Fix & Flip loans up to 80% ARV
- Rapid approval and closing process designed for competitive real estate markets
- Flexible loan terms from 6 months to 12 months depending on product type
- Monthly interest-only payment structure preserves cash flow during property rehabilitation
- Loan officers with direct real estate investing and flipping experience
- Multiple loan products tailored to different investment scenarios (residential, bridge, commercial)
- Stated willingness to evaluate unique project aspects beyond standard financial metrics
Cons
- Double-digit APRs (10-12%) significantly higher than traditional commercial lenders
- Multiple closing costs including origination fees (2.5-4%), processing fees ($950), draw fees ($500), and appraisal fees add substantial upfront expenses
- Short loan terms (6-12 months) may not suit investors needing extended rehabilitation timelines
- Limited transparency on website regarding actual approval criteria, credit score requirements, or property type restrictions
- Hard money lending model means higher overall cost of capital compared to bank financing
State Consumer Finance Context
This is state-level context for Business Loans consumers in Minneapolis, MN. It does not confirm that Cashability - Minnesota Hard Money Lender or this specific location is licensed.
State regulator
Minnesota Department of Commerce
Consumer protection
Personal loan rules in Minnesota
Status: Permitted
Rate context: 8% APR default usury cap; licensed consumer small loan lenders subject to tiered rate caps not to exceed 36% APR for loans under $1,000
Personal loans regulated under Minn. Stat. § 334.01 et seq. Rates vary based on loan amount and lender license class. Unlicensed lenders subject to 8% usury cap.
Installment loan rules in Minnesota
Status: Permitted
Rate context: Licensed consumer small loan lenders: tiered rates capped at 36% APR for loans under $1,000; rates vary by license class. Unlicensed lenders subject to 8% default usury cap.
Regulated under Minn. Stat. § 334.01 et seq. (Consumer Small Loan Lenders). Installment loans under $5,000 with terms of 2 years or less regulated by Department of Commerce. Lender must be licensed unless exempt.
Key state rules to check
- Payday loans capped at $350 with tiered fees ($5.50 per $100 up to $50, $10 per $100 on $50-$100, etc.).
- Minimum loan term of 30 days required for payday loans.
- Licensed consumer small loan lenders subject to tiered rate caps.
Complaint resources
- Minnesota Department of Commerce - State Regulator
- Minnesota Attorney General – Consumer Protection Division - State AG
- Consumer Financial Protection Bureau (CFPB) - Federal
Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.
Frequently Asked Questions
What services does Cashability - Minnesota Hard Money Lender offer?
Cashability - Minnesota Hard Money Lender offers 10 services including Fix & Flip loans up to 80% of After-Repair Value with 6-month and 9-month terms, Bridge loans for primary home purchases up to 120-day terms at 12% APR, Commercial Fix & Flip loans up to 70% ARV with 12-month terms, No money down loan options on residential fix-and-flip products, Loan origination and processing with fees ranging from 2.5-4%, and 5 more.
What profile signals are listed for Cashability - Minnesota Hard Money Lender?
Cashability - Minnesota Hard Money Lender has profile signals associated with Real estate investors and house flippers researching short-term cash access for property acquisition and renovation, Competitive real estate markets where buyers need to make rapid cash offers to have more listed context deals, Property investors with substantial equity in other projects but short-term liquidity needs, Home buyers transitioning between properties who need bridge financing while securing traditional mortgage approval.
What are the strengths and weaknesses of Cashability - Minnesota Hard Money Lender?
Key strengths: No money down options available on Fix & Flip loans up to 80% ARV; Rapid approval and closing process designed for competitive real estate markets; Flexible loan terms from 6 months to 12 months depending on product type. Areas to consider: Double-digit APRs (10-12%) significantly higher than traditional commercial lenders; Multiple closing costs including origination fees (2.5-4%), processing fees ($950), draw fees ($500), and appraisal fees add substantial upfront expenses.
How does Cashability - Minnesota Hard Money Lender compare to similar companies?
In the Business Loans category, comparable providers include Capdeck Business Loans, Lakehills Commercial Lending, NPC Payments Credit Card Processing. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.
Quick Facts
- Headquarters
- Hard Money Lender - Cashability, 729 N Washington Ave 6th Floor, Minneapolis, MN 55401
- BBB Accredited
- No
+1 612-217-0577 Hard Money Lender - Cashability, 729 N Washington Ave 6th Floor, Minneapolis, MN 55401
CreditDoc Profile Note
Research Note on Cashability - Minnesota Hard Money Lender
Cashability is profile signals for real estate investors and house flippers in Minnesota who need rapid access to capital for property acquisition and renovation projects and can accept double-digit interest rates and substantial closing costs in exchange for speed and flexibility. The primary caveat is that hard money lending is significantly more expensive than traditional financing; borrowers should only pursue this option when the speed of capital access directly enables profitable deal completion that would otherwise be lost to competing buyers or when traditional lending timelines make the deal unfeasible.
Profile Signals
- Real estate investors and house flippers researching short-term cash access for property acquisition and renovation
- Competitive real estate markets where buyers need to make rapid cash offers to have more listed context deals
- Property investors with substantial equity in other projects but short-term liquidity needs
- Home buyers transitioning between properties who need bridge financing while securing traditional mortgage approval
Updated 2026-04-29
More Business Loans
L
Lakehills Commercial Lending
View this provider profile and compare source-linked details before choosing what to do next.
N
NPC Payments Credit Card Processing
View this provider profile and compare source-linked details before choosing what to do next.
Compare Your Needs With Cashability - Minnesota Hard Money Lender
Answer 3 quick questions to review category, service, and profile context.
1. What's your primary financial goal?
Quick Summary
- Cashability - Minnesota Hard Money Lender is listed as a Business Loans provider in Minneapolis, MN on CreditDoc.
- Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
- If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
- For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.
Next Steps
Find contact or location Check phone, address, map, and website availability. Check specific services See whether the provider lists the help you need. Review fit context Use the quiz to compare category, service, and public-rating fields. Compare alternatives Review similar providers before making contact. Improve your position What Your Credit Score Actually Means: Number-by-Number Breakdown Learn the basics Start the free Credit Fundamentals course.
Financial Wellness Guides
What Your Credit Score Actually Means: Number-by-Number Breakdown
A plain-English breakdown of every credit score range — what each number actually means for your loans, cards, and daily life, plus exactly what to do about yours.
Read guide →What You Qualify For at Every Credit Score Range (2026)
A plain-English breakdown of what credit products, loans, and cards you can realistically get at every credit score level — from deep subprime to excellent.
Read guide →How to Check Your Credit Score for Free Without Hurting It
Learn exactly how to check your credit score for free using legitimate sources, understand the difference between soft and hard inquiries, and know your rights under federal law.
Read guide →Financial Terms Explained (7 terms)
New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
Interest & Rates
APR — Annual Percentage Rate
The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.
Why it matters
Lenders are required to show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the lower-cost loan.
Example
You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.
Interest Rate
The percentage a lender charges you for borrowing their money, calculated on the amount you still owe. It's the lender's profit for taking the risk of lending to you.
Why it matters
Even a 1% difference in interest rate can cost you thousands over a loan's life. Lower rates mean less money out of your pocket.
Example
On a $20,000 car loan for 5 years: at 5% you pay $2,645 in interest. At 8% you pay $4,332. That 3% difference costs you $1,687 extra.
How Loans Work
Cosigner — Loan Cosigner
A person who agrees to repay your loan if you can't. They're equally responsible for the debt, and their credit is affected by your payment behavior.
Why it matters
Cosigning helps people with thin credit get approved or get better rates. But it's a huge risk for the cosigner — they're on the hook for the full amount if you default.
Example
A parent cosigns their child's $30,000 student loan. The child stops paying after 6 months. The parent is now legally required to make the payments or face collections, lawsuits, and credit damage.
Loan Term (Tenor) — Loan Term / Tenor
How long you have to repay the loan, measured in months or years. A shorter term means higher monthly payments but less total interest paid.
Why it matters
Longer terms feel more affordable monthly but cost much more overall. A 30-year mortgage costs almost double in interest compared to a 15-year mortgage on the same amount.
Example
Borrowing $200,000 at 6.5%: A 15-year term costs $1,742/month ($113,561 total interest). A 30-year term costs $1,264/month ($255,088 total interest). You save $141,527 with the shorter term.
Origination Fee — Loan Origination Fee
A one-time fee the lender charges to process and set up your loan. It covers their costs for underwriting, verifying your information, and preparing paperwork.
Why it matters
Origination fees are usually 1-8% of the loan amount and are often deducted from your loan proceeds — so you receive less than you borrowed.
Example
You're approved for a $10,000 personal loan with a 5% origination fee. The lender deducts $500 upfront, so you receive $9,500 in your bank account but owe $10,000 plus interest.
Principal — Loan Principal
The original amount of money you borrowed, before any interest or fees are added. It's the 'real' amount of your debt.
Why it matters
Your interest is calculated on the principal. Paying extra toward principal (not just interest) is the one route to reduce your total cost and pay off a loan early.
Example
You borrow $25,000 for a car. That $25,000 is your principal. Your first payment of $450 might split as $150 toward interest and $300 toward principal, bringing your balance to $24,700.
Underwriting — Loan Underwriting
The process where a lender evaluates your finances — income, debts, credit history, assets — to decide whether to approve your loan and at what rate.
Why it matters
Understanding what underwriters look for helps you prepare a stronger application. They check your DTI ratio, employment stability, credit score, and the asset's value.
Example
You apply for a mortgage. The underwriter reviews your pay stubs (income), bank statements (savings), credit report (history), and orders an appraisal (home value). This takes 2-4 weeks.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
Affiliate Disclosure: CreditDoc may earn a commission when you click links to Cashability - Minnesota Hard Money Lender and other services. These commissions help us maintain our free research. Compensation does not determine whether a provider can be covered; visible star ratings use stored Google review ratings when available. Learn more.