New app makes courting borrowers and lenders easier than ever.
BUFFALO, N.Y., Sept. 20, 2022 /PRNewswire-PRWeb/ -- Aptly described as a dating app for real estate dealmakers, Private Money Club will swipe right on the launch of a new app, making it easier than ever for individual investors and real estate entities of all kinds to partner up in the pursuit of new-age wealth creation.
Private Money Club puts the power back in individuals' hands and allows people to gain access to deals that have previously only been available to institutional investors — everything from rental properties to AirBNBs to large commercial projects. PMC is reinventing the way business courtships are typically arranged and providing savvy lenders a new way to generate long-lasting, high-yield wealth.
"Private Money Club is the future of wealth," said Chris Naugle, founder and CEO of PMC. "Essentially, we're a dating app for people who are looking for the best real estate deals, whether they are looking to borrow or lend. Our mission is to provide a trusted forum where committed partners can take ownership of their own business agreements. I like to say that money talks — and we speak its language."
The new app, which launches on Oct. 14 with a live broadcast from Sundance Resort in Utah, will expedite the process for borrowers and lenders to search out and connect with partners that fit their precise interests while negotiating their own transactions.
"I have had a great experience being a member of the Private Money Club," said PMC member Colleen Brown. "Both borrowers and lenders participate in training to ensure we all have an understanding of the intricacies involved. I have already made valuable investments that I didn't have access to before I joined."
Removing the middleman from the process is a big part of the PMC platform, which allows members to own their profit margins.
"We are all about disintermediation," Naugle said. "The magic of what Private Money Club provides is that individuals can achieve returns on their investments that commercial lenders normally expect. These types of returns have never been available to individual borrowers before. This process has the potential to revolutionize the way business deals are done."
Features of the new app include educational tools to help members walk through the best practices of acquiring funding for projects and prepare lending investors for the intricacies of lending on real estate development. Investors can survey the profiles of the borrowing members and scroll through a catalog of projects available to identify those that best match their long-term wealth goals.
A former pro snowboarder, Naugle has achieved success and national acclaim as a money mogul. He has built and owned 19 businesses, with his companies being featured by Forbes, ABC, the HGTV show "House Hunters" and his very own HGTV pilot in 2018. An in-demand national speaker, Naugle's financial prowess includes handling tens of millions of dollars in assets in the financial services and advisory industry and in real estate transactions.
Naugle founded PMC in 2021 as a network where like-minded borrowers and lenders could easily navigate the best investment opportunities. To date, the total dollar value of partnership deals generated through PMC is more than $50 million, with active deals topping $26 million. The largest deal consummated so far was a land development partnership worth $19.5 million.
For more information about the app details and opportunities available, listen directly to Private Money Club CEO, Chris Naugle, during the livestream launch on Oct. 14.
About Private Money Club
Private Money Club is a revolutionary virtual meeting place that connects individual investors with like-minded real estate owners, developers, and investment opportunities previously only available to industry insiders. Through PMC's innovative and user-familiar marketplace, investors match up with those borrowers and projects that best meet their wealth goals. After a careful vetting process, PMC helps real estate borrowers gain access to funds to realize the full potential of their projects. Founded by former professional snowboarder and money expert Chris Naugle, PMC's core mission is to break the chains of financial establishment and provide people with a new way to generate long-lasting, high-yield wealth.
Media Contact
Lathum Nelson, Stage Marketing, (801) 615-1311, [email protected]
Marisa Gooch, Stage Marketing, (702) 351-5657, [email protected]
SOURCE Private Money Club
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