The Pros and Cons of Taking Out a Hard Money Loan Revealed! With a hard money loan, investors and entrepreneurs can get quick access to funds when traditional financing isn’t an option. Learn more about the pros & cons, things to watch out for, fees, & risks associated with this type of loan: If you’ve ever heard the phrase ‘hard money loan’ and had visions of quick cash deals coming to mind, then you’re on the right track. Hard money loans are special types of loans offered for commercial or investment properties that don’t come from traditional financial institutions, but …