Sequoian Investments, the First Hard Money Lender to Accept Bitcoin
San Diego, CA (PRWEB) July 16, 2014 -- Sequoian Investments will accept Bitcoin for payments from real estate investors.
Sequoian Investments, a San Diego real estate lender specializing in private money financing, will now accept Bitcoin from borrowers for monthly payments on their real estate investments. Real estate investors can now finance their investment projects with Bitcoin, the world’s most popular electronic currency. To facilitate accepting Bitcoin, Sequoian is working with Coinbase, one of the largest Bitcoin payment processing service providers.
After three months of Bitcoin education from Brett Stapper of Falcon Global Capital, Sequoian has chosen to extend customers the option to pay with Bitcoin for several key reasons. Sequoian accepting Bitcoin offers investors a unique opportunity to convert their bitcoins into payments for tangible hard assets. While Bitcoin has seen an increasing use for real world purchases, Sequoian is one of a select few companies allowing consumers to enter the market of real estate investments by utilizing their Bitcoins. Additionally, Bitcoins are uniquely suited for this type of transaction, providing nearly instantaneous transactions from anywhere around the world with no risk of fraud. Bitcoins also allow users to bypass all the traditional bank and financial third-party processes and associated fees. Overall, Bitcoin will allow Sequoian investors the opportunity to finance their investments with greater speed, convenience and security.
Bitcoins are a digital currency that are exchanged directly peer-to-peer and stored via a wallet software on one’s personal computer, mobile device or other customized wallet system. Additionally, bitcoins can be exchanged for currencies such as the US dollar through online Bitcoin exchanges and payment processing systems. Bitcoins are fully open sourced and decentralized, with regulation coming from heavily peer-reviewed cryptographic algorithms. Bitcoins are generated through a ‘mining’ process, where powerful super computers solve complex equations to unlock Bitcoins from the predetermined finite supply. While bitcoins are one of the first purely electronic currency, they are increasingly being used to purchase very tangible real world goods. Bitcoins have been used to purchase real estate in Canada and Bali and sports cars in Florida, as well as a growing number of additional transactions around the world.
More About Sequoian
Sequoian Investments works to provide financing solutions for real estate investors. Sequoian Investment’s private money loan programs are designated for California real estate investors. Sequoian offers dependable hard money loans to make the process of funding real estate investments fast and easy. Sequoian works with investors buying properties that are foreclosures, short sales, trustee sale refinances, private party and even business purpose residential construction projects.
More About Coinbase
Coinbase is one of the largest Bitcoin payment processing services in the world. Coinbase is an international digital wallet that allows individuals to securely buy, use and accept bitcoins. Additionally, Coinbase allows merchants to receive payments for their goods and services. Sequoian is joining the over 33,000 businesses around the world that use Coinbase to accept Bitcoin payments. Coinbase provides an extremely secure platform for exchange, with enterprise-grade encryption and and strict compliance to the highest digital security standards.
For more information about Sequoian Investments, visit their website sequ.com. To learn more about Coinbase, visit their website https://coinbase.com/.
Sasha Favelukis, Sequoian Investment Inc., http://sequ.com, +1 (619) 961-4100 Ext: 1403, [email protected]
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