DO NOT DEAL WITH SILVER ARCH CAPITAL PARTNERS
Please, if you are a borrower or a broker you need to do more research when it comes to hard money lenders. 

The scam goes something like this:

1. They issue a term sheet for the amount requested or higher and require a hefty standby deposit (usually $100K-$200K depending on deal size) with some portion refundable if they don't issue commitment.
2. They require a due diligence period where they start looking for actual lenders that will stand in for them because they don't actually have cash.
3. If they can't find another lender that is willing to lend USING SILVER ARCH'S TERMS, they will issue a commitment that is well below the original term sheet amount.
4. When the borrower is dissatisfied with the new terms, Silver Arch will take your full deposit and justify this by saying the borrower failed to fulfill their duties as outlined in their term sheet.

Please for the love of all that is sacred, don't deal with these folks. I've even seen them successfully find lenders to step in for them, and then they use that deal as marketing material as if they are the ones that funded it. These guys give private lending a bad wrap and they are purposefully deceiving people to collect fees. I can't tell you how many deals have come across my desk where the borrower was strung along for 2 months and is now out $100K. 
[{"id": "eh2a20t", "text": "Stealing the deposit was a HUGE scam in the 80's.  It comes back every 10 years or so.  It was around for a year or 2, exactly 10yrs ago .... so I guess it's time for it again.", "replies": [], "depth": 1}, {"id": "eh2c8gp", "text": "Thanks for making this PSA -", "replies": [], "depth": 1}, {"id": "eh2cg4e", "text": "Damn this is the best post I've seen in ages.", "replies": [], "depth": 1}, {"id": "eh2fduq", "text": "Please don't pay deposits to capital/finance brokers. There are plenty of qualified people, yours truly included, that will happily do their job with compensation only upon successful closing. I would only pay a deposit to the actual lender to support appraisal, environmental, and other third party reports.\n\nThis is a borrower's market, so it's not like they're grinding the pavement to find capital.", "replies": [], "depth": 1}, {"id": "eh2gs2y", "text": "Shout out Continental Plaza ", "replies": [{"id": "eh2isrf", "text": "&gt;Stealing the deposit was a HUGE scam in the 80's.  It comes back every 10 years or so.  It was around for a year or 2, exactly 10yrs ago .... so I guess it's time for it again.\n\nthey have an office there right?\n\n&amp;#x200B;", "replies": [{"id": "ek8faec", "text": "Yes they do. ", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "eh436gq", "text": "https://www.silverarchcp.com/about-us/team/\n\nHere\u2019s the vermin^^^^", "replies": [{"id": "eonjjjf", "text": "Have you worked with them before? Just curious, because I have two loans submitted to them with term sheets executed.", "replies": [{"id": "eoobrbk", "text": "I have not. I just wanted to post the link for everyone!", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "ek8fa19", "text": "Wow this is crazy ... These guys are our tenants and their office is right next to us. Never heard anything negative about them up until now. ", "replies": [], "depth": 1}, {"id": "eonkgli", "text": "Have you had personal experience with them? I need some feedback, because I have 2 loans with them.  How many borrowers have you had that lost $100K with them?", "replies": [{"id": "er224z9", "text": "We've seen countless deals from them directly and through brokers. One borrower this year actually got back his deposit because he had a top notch in house legal team. If the deal is already funded, I assume they found another lender to lend on their paper so I wouldn't worry too much. If that is the case, they likely took points up front or are getting a percent off the top.", "replies": [], "depth": 2}, {"id": "es9oagt", "text": "I saw your post that you have two loans in process with Silver Arch.  That post was 30 days ago.  Can you share how the loans are proceeding?  I am in conversation with them on a loan right now and have never executed with them before.  Thx.", "replies": [], "depth": 2}], "depth": 1}, {"id": "eqwd31d", "text": "I have used them and they did the exact same thing to us. Play by play. We are going to full litigation to get our deposit back. Borrowers do not use them! They literally switched the terms and stopped communicating with us when we would not agree to the changes. We have not heard back for two months since requesting the deposit. Turned into a nightmare and could cost me my job for selecting them.", "replies": [], "depth": 1}]