Sachem Capital Current Liabilities

What does Sachem Capital do? Sachem Capital Corp is a specialized lending institution based in Connecticut. They provide financing solutions for real estate developments, renovations, and purchasing transactions. The company was founded in 2010 and initially focused on providing loans to local real estate developers, contractors, and builders in Connecticut and surrounding states. Their goal is to offer quicker decision-making and faster transaction times compared to traditional banks. Sachem Capital Corp fills the gap between traditional bank financing and higher-interest loans provided by other financial institutions. They cater to developers in need of short-term financing options to carry out larger projects that may exceed the funding capabilities of traditional banks. They offer various loan programs, including loans for property purchase and development, renovation projects, and quick access to liquidity for short-term rentals. In 2020, they introduced a new loan option specifically designed for bridge financing and other significant infrastructure projects. Sachem Capital Corp owns multiple subsidiaries, including Sachem Capital Partners LLC, which serves as a holding company for their investments in properties and assets. Their collaboration with local banks and lenders allows them to effectively manage company deposits and utilize capital. The company follows a conservative lending philosophy and carefully evaluates credit applications. Decisions are based on thorough analysis of data and statistics, including investor properties, creditworthiness, property rights, and other relevant factors. Sachem Capital Corp's stock has been listed on the NASDAQ since April 2017. In summary, Sachem Capital Corp is a specialized lender offering fast financing options on a short-term basis to real estate developers and contractors. With a diversified portfolio of loan programs and subsidiaries, the company has established a strong position in the industry and benefits from a growing market. Sachem Capital is one of the most popular companies on Eulerpool.