There has been rising concern about how inflation and the economy are going to affect the investment real estate market. Many lenders find themselves over-leveraged and under-prepared to meet changing market conditions, but Bench Equity's private capital sources and strategic approach to lending have allowed us to grow in the face of uncertainty. Just in the last two months, we have seen a 93% increase in loans funding and have added 3 new employees in 2022! Get to know the new faces at Bench and what these additions mean for you moving forward.

Nick Alexander: Nick decided to pivot to lending after a successful career in management at a national insurance sales agency, and has been able to lend his expertise and management skills to improving the process efficiency and funding speed here at Bench. In charge of reviewing all loans and empowering our processors, Nick has made major impacts on our ability to fund more loans than ever while maintaining the same efficiency and reliability that our borrowers expect from our team. What does Nick's addition to the team mean for you? Bench can fund more loans with processing that is faster, smoother, and more accurate than ever.

Braydon Snarr: The newest addition to the Bench Equity team, Braydon is taking over many of the servicing roles and will be your new singular point of contact for managing the loans you've already funded. A quick study, Braydon has managed to streamline our servicing process to ensure that any questions, concerns, or assistance you need with an existing loan will be handled with care and professionalism.

Pierce Harmon: Not only is the Bench Equity team growing, so are the markets we serve. You are sure to be hearing from our team much more as Pierce works to grow our presence in the marketplace and communicate our mission to real estate investors in Texas, Utah, and Colorado. Pierce is your advocate with the loan committee and has worked hard to make the application and approval process fast and simple. From the postcard in your mailbox to the approval in your inbox, Pierce is connecting borrowers with the best funding options available!

What's the big deal?

We're glad you asked. Employees aren't cheap and struggling companies don't hire. In fact, the mortgage and financial industries have seen mass waves of layoffs as uncertainty in the housing market makes management worry about their bottom line. We've seen lenders raising rates, increasing fees, or even pulling out of valuable markets (looking at you DFW, Texas) in an effort to protect themselves from market volatility. Bench doesn't have to worry about those same market conditions because we played it smart, didn't rely on money from the banks, and relied on sound lending practices to build our business. Now we can embrace the change and uncertainty present in the market while continuing to serve you and your business! We are steady, we are strong, and we are growing! Apply at https://benchequity.com/apply and see how our team can fund your loans fast thanks to our amazing team!