Cloanc is a professional private money lender. We have been lending in California since 2007. Unlike most lenders, we specialize in originating loans to trusts and estates; including irrevocable trusts. We can help you maximize the distribution for your trust or estate, saving a trust or estate over $50,000 on average. Often times when providing a loan to an irrevocable trust or estate in probate, it is our clients goal to take advantage of Proposition 19 in order to avoid property tax reassessment and to retain a Parent’s low Proposition 13 tax base on an inherited home. We have successfully assisted hundreds of clients in obtaining their request for a California property tax reassessment exclusion.
We know that finding a lender in California willing to lend to a trust or estate can be difficult. Rest assured, Cloanc specializes in these types of loans. We are California’s premiere trust loan lender and we work along with your attorney, accountant or property tax consultant to help make sure that your transaction accomplishes all of your goals. Please view our testimonials page to see comments from some of our past clients.
Our loan process is simple and typically takes just 7 to 10 days to complete. We do not want to provide a loan to a client if it does not make good financial sense. When taking out a loan for a trust or estate and the goal is to preserve a low property tax base, provide the funds needed to prepare a home for sale or the money needed for other important issues. We provide each of our clients with a straight forward quote and benefit analysis to help you make the best possible decision for you and your clients or family members.
If you have questions, or would like to begin the process, we are here to assist you. Please call us directly at (877) 464-1066.