By far the most often requested type of hard money loan is for the purpose of improving commercial or properties.  The proceeds are used to improve the subject property, which may then be used, leased, or resold for  a profit.  Hard money can work well in this situation because of quick turnaround funding time and extremely flexible lending criteria.

Rehab loans are capped at 50% of the value to be achieved, but no more than 50% of the as-is value can be released at closing.