For a faster and less restrictive financing option, consider private-equity debt.

Private-equity debt, now on the rise as a new financing alternative to traditional lending sources, is quickly becoming a smart option for developers looking to close deals quickly -- and avoid the red tape typical of the approval and underwriting processes of banks.

This new financing option fills a need for developers in special-case situations such as value-add properties, lesser credit, secondary locations, less-than-perfect borrowers and other factors often deemed undesirable by traditional lenders.

To learn more about this financing option, read the Envoy article that appears in the August issue of the Scotsman Guide Commercial Edition.

Or read the article here in its entirety.