Asbury Park Press | Alpha Funding Solutions SPOTLIGHT

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February 10, 2014

Small Business Spotlight Q&A: Alpha Funding Solutions in Lakehurst offers loans for real estate

Mark Callazzo (right), CEO, and David Hansel, president of Alpha Funding Solutions, Lakehurst.Mark Callazzo (right), CEO, and David Hansel, president of Alpha Funding Solutions, Lakehurst. / BOB BIELK/STAFF PHOTOGRAPHER

By: Mark Callazzo

Alpha Funding Solutions is a private and direct asset-based lender, also referred to as a “hard money lender.” We specialize in time-sensitive and difficult-to-finance small balance transactions from $100,000 to $2,000,000. Our clients are typically real estate investors, rehabers and borrowers in need of short-term bridge financing for either acquisition or debt restructuring. All loans are underwritten, funded and serviced in-house.

Since our inception, we have funded in excess of $100 million of short-term loans through our co-lender program. We fractionalize our loans and allow our investors to partner with us and participate in our loans on a deal-by-deal basis. To date, we have returned over $12 million in monthly interest income to our investors and are now launching our first fund. This fund will allow us to raise more capital and provide an opportunity for individuals to invest with us across our whole portfolio.

With a strong dedication to education, networking through the brokerage community and local banks, we are very optimistic about our continued growth in our niche market. We will continue to foster our loan business and our capital sources simultaneously to not only provide needed capital to the real estate market, but also gain attractive returns with low risk to our investors.


Q: When did you decide you wanted to be an entrepreneur?

A: I wanted to be an entrepreneur ever since I was a kid. I had one job as an adult when I was much younger and I knew that working for someone else wasn’t for me.


Q: Why did you start this business?

A: I started Alpha Funding Solutions as a way to invest my own capital to make good returns. It just grew from there.


Q: Were there any challenges that made you think twice about striking out on your own?

A: Yes. I learned most of the business from a friend who helped me a lot, but there is still a big learning curve in this or any other business, so knowledge was one of my biggest challenges. The other was a finite supply of capital.

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