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Exceptional Results.

Private Mortgages

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Flexible Private Mortgage Solutions

Private mortgages provide quick access to funding for clients who may not qualify through traditional lenders. Ideal for those with credit challenges or issues proving income, Benson Capital offers fast, flexible financing to meet urgent needs.

To offer an alternative to traditional bank mortgages.

  • Bypass strict bank qualifications
  • Secure quick funding for urgent expenses
  • Cover emergencies when traditional lending isn’t an option

Using a Private Mortgage for Quick Funding

A client who couldn’t qualify for a conventional mortgage due to self-employment and poor credit needed $200,000 for emergency expenses. Traditional banks rejected their application, but Benson Capital provided a private mortgage, allowing the client to cover their financial needs.

  • Home Value: $600,000
  • Current Mortgage: $350,000
  • Need: $200,000
  • The client had poor credit and couldn’t meet traditional lending criteria.
  • Needed immediate funds for an urgent medical expense.
  • $200,000 private mortgage secured.
  • Expand your business without giving up control
  • Access flexible capital for growth or acquisitions
  • Minimize dilution of ownership

Seamless Bridge Financing for Real Estate Transitions

Bridge financing offers short-term capital to cover the gap between selling and buying properties, allowing clients to secure new properties without waiting for existing ones to sell.

To provide temporary financing during property transitions.

  • Fund a new property purchase before the sale of an existing one
  • Avoid delays in property transactions
  • Take advantage of time-sensitive investment opportunities

Using Bridge Financing to Secure a New Property

A client needed $400,000 to purchase a new property before their current home sold. They required quick access to funds to avoid losing the purchase opportunity. Benson Capital’s bridge financing solution helped them secure the new property.

  • Home Value: $1,000,000
  • Current Mortgage: $500,000
  • Need: $400,000
  • The client wanted to purchase a new property but hadn’t sold their existing home.
  • Risked losing the purchase due to delays.
  • $400,000 bridge loan approved.
  • Allowed the client to secure the new property without waiting.
  • Smooth transition between properties.

Bridge Financing

Construction Loans

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Tailored Construction Financing for Projects

Benson Capital offers construction loans for residential and commercial projects, providing the necessary capital to cover building expenses in stages. These loans ensure that projects stay on track financially.

To finance construction and renovation projects.

  • Fund new builds or major renovations
  • Access funds in stages as construction progresses
  • Cover labor, materials, and project costs

Using a Construction Loan for a Residential Project

A client required $700,000 to build a custom home. Benson Capital provided a construction loan that released funds in stages, ensuring the project moved forward smoothly.

  • Project Value: $1,200,000
  • Need: $700,000
  • The client needed staged funding for home construction.
  • $700,000 construction loan provided.
  • Funds released as project milestones were reached.
  • Allowed for timely completion of the project.

Seamless Bridge Financing for Real Estate Transitions

Benson Capital’s debt consolidation solutions help clients combine multiple debts into one easy-to-manage payment, reducing financial stress and improving cash flow.

 

To help clients streamline their debt and reduce interest costs.

  • Combine multiple debts into one payment
  • Lower your overall interest rates
  • Manage your finances with ease

Using Debt Consolidation to Reduce Monthly Payments

A client with $200,000 in high-interest debt was struggling to keep up with multiple monthly payments. Benson Capital consolidated their debt into a single, lower-interest loan, reducing their monthly payment and easing financial stress.

  • Total Debt: $200,000
  • Monthly Payment: $2,500
  • New Monthly Payment: $1,500
  • The client had multiple high-interest debts.
  • Struggled with high monthly payments.
  • Debt consolidated into a single loan with a lower interest rate.
  • Monthly payments reduced by $1,000.
  • Financial situation improved significantly.

Debt Consolidation

Urgent Financing

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Quick Access to Urgent Financing

Benson Capital’s urgent financing solutions provide immediate access to funds for clients facing time-sensitive financial needs. Whether it’s an unexpected expense or a time-critical opportunity, we offer fast approvals and tailored solutions.

To offer quick funding for urgent financial situations.

  • Cover emergency expenses
  • Secure time-sensitive investments
  • Avoid delays in crucial transactions

Using Urgent Financing for a Quick Solution

A client needed $150,000 to cover unexpected medical bills within 48 hours. Benson Capital provided urgent financing to meet the deadline.

  • Home Value: $500,000
  • Need: $150,000
  • Urgent medical bills required immediate funding.
  • $150,000 loan approved within 48 hours.
  • Immediate access to funds allowed the client to cover the bills and avoid penalties.

Mezzanine Financing for Business Growth

Benson Capital’s mezzanine financing combines debt and equity, providing companies with capital for growth while minimizing ownership dilution. It’s ideal for businesses seeking expansion capital without losing control.

To help businesses access additional capital while retaining ownership.

  • Expand your business without giving up control
  • Access flexible capital for growth or acquisitions
  • Minimize dilution of ownership

Using Mezzanine Financing for Expansion

A business owner needed $500,000 to expand their company but didn’t want to give up equity. Benson Capital’s mezzanine financing provided the funds without diluting ownership.

  • Business Value: $5,000,000
  • Need: $500,000
  • The company wanted to expand but didn’t want to lose equity.
  • $500,000 mezzanine loan secured.
  • Allowed the business to expand without giving up ownership.
  • Provided flexible repayment options to suit their cash flow.

Mezzanine Financing

2nd & 3rd Mortgages

Flexible 2nd & 3rd Mortgage Solutions

 Benson Capital offers 2nd and 3rd mortgages as a fast, flexible way for homeowners to access the equity in their property without refinancing their primary mortgage. These mortgages allow you to tap into your home’s value for purposes such as renovations, consolidating debt, or covering unexpected expenses—all while keeping your existing mortgage intact. With competitive rates and flexible terms, our 2nd and 3rd mortgages provide an accessible financial solution for homeowners who need additional funding.

To provide homeowners with access to additional funds without altering their primary mortgage.

  • Access equity for home improvements
  • investments
  • other personal needs
  • Consolidate high-interest debt into a lower-interest loan Cover large
  • unexpected expenses at a lower rate than unsecured loans

Using a 2nd Mortgage to Overcome Debt

A client faced excessive credit card debt, with a 19.99% interest rate. The heavy debt load made it difficult for them to keep up with monthly payments, and a $7,500 penalty for early refinancing was a significant financial burden. As a business owner, the client also struggled to prove their income, which complicated their financial standing further. Overwhelmed, the client couldn’t cover their taxes on time and was seeking a solution to get back on track.

  • Benson Capital offered a $312,000
  • second mortgage with affordable monthly payments of $818
  • This solution allowed the client to pay off their credit card debt in full
  • Escape the high-interest charges
  • Avoid the refinancing penalty

Using a 2nd Mortgage to Overcome Debt

A client faced excessive credit card debt, with a 19.99% interest rate. The heavy debt load made it difficult for them to keep up with monthly payments, and a $7,500 penalty for early refinancing was a significant financial burden. As a business owner, the client also struggled to prove their income, which complicated their financial standing further. Overwhelmed, the client couldn’t cover their taxes on time and was seeking a solution to get back on track.

  • Benson Capital offered a $312,000
  • second mortgage with affordable monthly payments of $818
  • This solution allowed the client to pay off their credit card debt in full
  • Escape the high-interest charges
  • Avoid the refinancing penalty

Strategic Land Financing for Developers

Benson Capital provides tailored land financing solutions for developers and investors looking to acquire or develop land. Whether you’re planning a residential, commercial, or mixed-use project, our land financing options provide the capital you need with flexible terms to support your development goals. We offer competitive rates and fast approvals to ensure you can move forward with your plans efficiently.

To provide financing for land acquisition, development, or improvement.

  • Purchase land for residential, commercial, or mixed-use development
  • Fund infrastructure and site preparation for new projects
  • Cover emergencies when traditional lending isn’t an option

Land Financing to Kickstart a Residential Development

A developer needed $500,000 to acquire land for a new residential project but was unable to secure funding from traditional lenders in time to close the deal. With the opportunity at risk, the developer required fast access to capital.

  • Benson Capital approved a $500,000 land loan
  • Allowing the developer to purchase the land and begin site preparation.
  • The fast approval process ensured the project moved forward without delays
  • And the developer was able to move ahead with their plans.

Land Financing

FAQ

Benson Capital’s unwavering commitment to transparency is at the core of everything we do. Our comprehensive FAQ section is meticulously designed to address all your inquiries, reflecting our dedication to open communication and honesty. By providing clear, accessible information, we ensure that every investor is well-informed and confident in their decisions. This commitment not only builds trust but also empowers our clients, paving the way for more informed investment choices and enduring partnerships.

What is a Mortgage Investment Corporation (MIC)?

 A MIC is a company authorized by Canada’s Income Tax Act to provide investors with an opportunity to invest in a diversified pool of mortgage loans, which are secured by real property.

How do MICs generate income for investors?

 MICs generate income primarily through interest earned on mortgage loans. This income is then distributed to shareholders as dividends, which are typically issued monthly or quarterly.

Are investments in MICs secure?

 Investments in MICs are secured against real estate. While this provides a level of security, like all investments, there is risk involved. The security level depends on the properties' quality and the loan-to-value ratio of the mortgages.

What are the tax implications of investing in a MIC?

Dividends paid by MICs are treated as interest income for tax purposes in Canada, meaning they are fully taxable. However, if held in a registered account like an RRSP, TFSA, or RRIF, the dividends can grow tax-free or be tax-deferred.

Can I include MIC shares in my retirement portfolio?

 Yes, MIC shares are eligible for inclusion in registered retirement accounts such as RRSPs, TFSAs, and RRIFs, which can provide tax-efficient growth and income.

How do MICs manage risk and ensure the stability of returns?

 MICs manage risk by adhering to strict lending criteria, such as maintaining conservative loan-to-value ratios, diversifying their mortgage portfolio across different geographic locations and property types, and conducting thorough due diligence on borrowers and properties. Additionally, MIC managers often use professional risk assessment and management strategies to protect investors.