Hard money secured personal loans are loans backed by personal assets—most often real estate—and issued by private or hard money lenders. These loans are typically used when traditional lending is not an option, such as in cases of poor credit or time-sensitive needs. They offer fast access to funds but come with higher interest rates and shorter repayment periods. Borrowers use assets like homes or investment properties as collateral. While risky if repayments are missed, these loans are useful for bridging cash flow gaps, consolidating debt, or funding business ventures quickly without the constraints of conventional bank loans.