About Us | Benworth Capital About - Benworth Capital
- Date
- 2025-01-07
Summary
Exhibit I, filed January 7, 2025 as Document 1-11 in Case 1:25-cv-00117-FB-CHK, is a seven-page printout of the About Us page of the Benworth Capital website, printed December 26, 2024. The page describes Benworth Capital as a hard money lender headquartered in Coral Gables, Florida, that opened in 2008 and added an office in San Juan, Puerto Rico in 2021. It lists loans to purchase, refinance and finance construction of real estate, and names three factors used in loan decisions: the borrower's ability to repay, the property's value and the borrower's equity. It includes a biography of the company's founder and president and a footer listing site links, including PPP Loans, and lending disclaimers for Benworth Capital Partners PR, LLC.
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Case 1:25-cv-00117-FB-CHK Document 1-11 Filed 01/07/25 Page 1 of 7 PageID #:
115
EXHIBIT I
12/26/24, 2:17 PM Case 1:25-cv-00117-FB-CHK Document
About Us |1-11 FiledAbout -
Benworth Capital 01/07/25 Page 2 of 7 PageID #:
Benworth Capital
116
+1 (305) 676-9632
Investor Login
+1 (305) 676 9632
Investor Login
About Us
Benworth Capital is a hard money lender. Quite
simply, we’re a financing source that is a lot
different than a bank, but just as trustworthy
and reliable.
Headquartered in Coral Gables, Florida, we opened our doors in 2008, when many
banks were closing theirs because of the global financial crisis. We observed
community members with the cash flow and borrower integrity to repay a loan
obligation who were left without a source for financing.
We were inspired. With a shared passion for the value and importance of owning real
estate, especially during the economic disaster, we created a lending alternative by
offering borrowers private loans. Our loans are also referred to as hard money loans.
Following our success in Florida, we opened an office in San Juan, Puerto Rico in 2021.
We’ve grown to become one of Florida’s premier hard money lenders,
focusing exclusively on transactions involving real estate in Florida.
Currently, we finance property in Florida. It’s the market we know
best (and love).
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Loans to purchase real estate
Loans to refinance real estate
Loans to finance real estate construction projects
Recognized by the National Association of Mortgage Brokers for high standards of
ethics, integrity, professionalism and knowledge in the mortgage industry.
We approve loans that
banks won’t.
We make the decisions to fund hard money loans based on our unique criteria that’s
a lot different than a bank, credit union, or mainstream online lender. The funds used
for our hard money loans are from private investors who believe in the potential of
real estate as much as we do. We consider three main factors when making a loan
decision:
The borrower's ability to repay the loan, primarily income earned from
employment.
The value of the property.
The borrower's equity in the property. For a purchase, this means the
downpayment amount. For a refinance equity is the value of the property less
the balance in a current mortgage.
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There’s more that makes
us different.
Anyone (with cash) can fund a loan but we’re different than a great uncle or the
cash-rich entrepreneur down the street. Benworth Capital is licensed to lend. And
that’s a big deal, especially in Florida, because it’s the law. It’s an even bigger deal for
borrowers because that means our borrowers are protected by U.S. regulations that
oversee our industry.
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Benworth Capital 01/07/25 Page 5 of 7 PageID #:
Benworth Capital
119
The David William Hotel
700 Biltmore Way, Suite C1
Coral Gables, FL 33134
221 Avenida Ponce de Leon,
Suite 1401,
San Juan, PR 00917
About Our Founder
Bernie Navarro is the founder and president of Benworth Capital. An entrepreneur by
its truest definition, Bernie has been active in the Florida real estate sector for the
duration of his professional career. After graduating from the University of Miami and
Harvard University, he hit the streets as a mortgage lending officer. He progressed to
form his own mortgage company, which was later sold to the largest home lending
company in the U.S. at the time.
A thought leader with an affinity for the power of education, Bernie has been appointed
to some of the most prestigious positions in the South Florida community.
Governor-appointed member and Past Chair of the Board of Trustees of Miami Dade
College
Past-President of the Latin Builders Association
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Founder of the first charter high school started by a professional association in the
U.S., now part of the Mater Academy public charter school system
Founding Board Member of The Idea Center at Miami Dade College
Past Member of the University of Miami School of Business Advisory Board for Real
Estate Programs
Member of Marco Rubio’s Judicial Advisory Commission for 117th Congress
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The David William Hotel
700 Biltmore Way, Suite C1
Coral Gables, FL 33134
305-444-9730
221 Avenida Ponce de Leon,
Suite 1401,
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Benworth Capital 01/07/25 Page 7 of 7 PageID #:
Benworth Capital
San Juan, PR 00917 121
787-945-0624
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© 2024 Benworth Capital Partners PR LLC NMLS #2234263 Equal Housing Lender.
Benworth Financial, LLC is a licensed Consumer Finance Company #CF9901387.
Disclaimers: Benworth Capital Partners PR, LLC makes loans solely for business purposes (and not for personal or consumer use) and is exempt from licensing in all states in which it
operates. Benworth Capital Partners PR, LLC does not lend on owner-occupied properties. Listed rates, terms, and conditions are offered only to qualified borrowers, may vary by loan
product, deal structure, property type, or other applicable considerations, and are subject to change at any time without notice. Furthermore, any Letter of Intent issued by Benworth
Capital Partners PR, LLC shall, at Benworth Capital Partners PR, LLC’s discretion, be subject to revocation, modification and cancellation up and to the moment the transaction is
completed. No information on this site is intended to, or shall, created a legally binding commitment or obligation on the part of Benworth Capital Partners PR, LLC, and all terms are
expressly subject to Benworth Capital Partners PR, LLC ‘s credit, legal, and investment approval process.
https://benworthcapital.com/about/ 6/6
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