Progressive Lending Group
Founded in 2000 and Los Angeles-based, Progressive Lending Group ("Progressive Lending") was spun-off by its predecessor company and recapitalized by Promontory Financial, its parent company, to create a best-in-class direct lending platform. Primarily focused on providing short-term loans to borrowers collateralized by non-owner occupied single-family homes or commercial real estate, Progressive Lending has positioned its platform as one of the market leaders in the real estate lending space.
As an alternative capital provider, Progressive Lending is able to provide borrowers a number of quick and efficient financing solutions. As a non-bank regulated entity, we are able to fill the niche for borrowers in need of short-term financing through our loan programs.