Hornet Debt Fund

Hornet Debt Fund

Financial Services

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About us

The Hornet Debt Fund is a 506(c) fund. Its sole revenue source is asset-based lending, primarily in Central Texas. The loans originated from the fund are short-term and high-interest to real estate developers, flippers, and investors that need a fast, flexible lender to help them get a deal done quickly. The collateral of the loans is real estate property and the target loan-to-value is 70%, leaving the remaining 30% equity as buffer to account for market shifts, borrower performance issues, or other factors, to help keep the risk threshold low.

Website
https://hornet.capital/hornet-debt-fund-3/
Industry
Financial Services
Company size
11-50 employees
Type
Privately Held
Founded
2023

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