ASSET-BASED LENDING IN RESIDENTIAL REAL ESTATE
Adagio provides nonrecourse asset-based debt financing to the real estate market. We support borrowers in creating value for their projects by responsibly financing situations that other lenders would not. Adagio's asset-based lending in residential real estate program is one of the only true asset-based loan products available for both acquisitions and refinance. We do not qualify credit worthiness of borrowers... no minimum FICO and no income verification. Further, we do not qualify down payment funds, and in some cases, no down payment is required. We lend up to 65% of our cap rate-based valuation, regardless of the value of the purchase contract.