Metro Funding Corporation Bails Out Fraud Victims

April 24 -- Metro Funding Corp., a private asset-based lender, headquartered in Paramus, N.J., announces the funding of a hard money loan secured by a historic building in downtown Anderson, Indiana.

The borrowers sought out hard money financing after numerous credit lines were fraudulently opened in their names, destroying their credit history. When this happened, their existing bank stopped accepting payment and requested a full payoff. Joe Adler, Associate of Metro Funding Corp stated, "The borrowers were traditionally strong, bankable borrowers. They just had fallen victims of fraud and were having a tough time with their bank." When the borrowers contacted Metro Funding Corp, they explained their situation and were able to secure a loan that paid off their existing lien and also provided operating reserves to hold the company over while their credit issues were alleviated.

Metro Funding Corp. is a commercial real estate lending company specializing in asset-based opportunity (hard money) commercial loans. Metro Funding Corp. provides domestic and international loans to corporate entities.