Lima One Capital is one of the most beginner-friendly hard money lenders in the country. With a lower minimum credit score than most competitors, flexible experience requirements, and a dedicated team of loan advisors, Lima One is an excellent choice for first-time fix-and-flip investors.
Lima One Capital at a Glance
- Rate from: 9.75%
- Max LTV (ARV): 75%
- Max LTC: 80%
- Min credit score: 600
- Close time: 14 days
- Loan term: 13 months
- States: 40+ states
- Min loan: $75,000
★★★★☆ BridgeRate Pro Rating: 4.6/5
About Lima One Capital
Lima One Capital was founded in 2010 in Greenville, South Carolina. They’ve grown to become one of the largest non-bank lenders for residential real estate investors, with a particular strength in serving newer investors who might not qualify at stricter lenders like Kiavi or RCN Capital.
Lima One Capital Pros and Cons
Pros
- Lowest minimum credit score (600)
- First-time investor friendly
- Dedicated loan advisors guide you through the process
- Multiple loan products: fix-and-flip, rental, new construction
- Available in 40+ states
Cons
- Higher rates than Kiavi and RCN Capital
- Slower close time (14 days vs 7–10 days)
- Lower max LTV (75% ARV)
- 13-month standard term is shorter than competitors
BridgeRate Pro Verdict
Lima One Capital is our top recommendation for first-time fix-and-flip investors. If your credit score is between 600–630 or you have limited flip experience, Lima One is more likely to approve you than RCN Capital or Kiavi. You’ll pay a slightly higher rate, but the access to capital and dedicated support makes it worthwhile for your first few deals.