Hard money commercial loans are short-term loans backed by real estate, often used for business or investment purposes. Unlike traditional bank loans, these loans are funded by private lenders and focus more on the property’s value than the borrower’s credit history. They are useful for investors who need fast financing to buy, renovate, or refinance commercial properties. Approval is usually quick, making them ideal for time-sensitive deals. Although interest rates are higher than bank loans, hard money loans provide flexibility and access to capital when traditional financing is not available. They are a practical option for many real estate investors.