This form of lending offers more flexibility and can be an attractive option for borrowers who may not meet conventional lending criteria or require expedited access to capital. Private lenders often assess loan applications on a case-by-case basis, taking into account various factors such as the borrower’s creditworthiness, collateral, and the specific terms of the loan. While private lending can provide opportunities for both borrowers and investors, it’s essential for all parties involved to carefully consider the terms and risks associated with such arrangements to make informed financial decisions.