WHAT IS A BRIDGE LOAN?

A bridge loan is designed to helps you through a period of monetary gap while you are between large business transactions; an example will be selling one property after you have purchased another. Our experienced team of professionals can help you acquire what you need to make it through those transactions.

• Bridge Loans are non-bank loans that are brokered to private lenders partners.

• Bridge loans, also referred to as hard money loans.

• Require far less documents and not borrower credit based.

• Good for short -terms situations, 3 – 24 months.

• Flexible Underwriting and approval requirements.

LEANDING CRITERIA AND RATES

This type of loan is good for a small, medium or large type business in need of quick money.

• Loan Size: $100,000 to $100,000,000+

• Lending Area: National and International

• Collateral: Lend against commercial real-estate, including raw land and development projects. For purchase and refinance transactions. Cash-out, rehab, rate & term.

• PROPERTY TYPES Nationwide Multifamily, Manufactured Home Communities, Office, Retail,Industrial, R&D Flex, Self-Storage, SFR Rentals, Cannabis purchase and development

• TERM 1 to 2 Years

• Amortization: Interest Only

• Interest Rate: Variable from 9% to 14% depending on collateral

• LTV: Up to 70%

• Origination Fee: 1 to 4%

• Closing time: 5 Days to 1 Month