We also appreciate that we are not just your lender but yourcapital partnerand will work to provide a creative, transparent, reliable and remarkably fast process for our clients. Get fast, short-term financing and take advantage of opportunities in the current market. You may also need a positive credit history, though collateral also figures heavily into whether bridge loans are approved. BLC always outlines a clear and transparent process from start to finish; setting expectations and delivering each step of the way. Agree to Terms We will issue terms within 3 to 5 days of receiving documents. Commercial bridge loans allow investors to either purchase a property or invest in improving it while still awaiting final approval on long-term financing. Complex Deals We have the in-house expertise to figure out creative solutions to the most complex deals. We can help you with your purchases, refinances, or fix-and-flips. Each has its own geographical preference, property type niche as well as varying appetite for risk. This way the trust was able to get additional time to determine a long-term strategy for the property. Tailored bridge financing for the acquisition and refinance of transitional office properties. Layla Capital is a South Florida based (formerly New York City) direct bridge lender that specializes in $1-10 Million real estate loans in major markets nationwide, with a focus on the East Coast and Midwest: Multifamily, Mixed-use, SFR, 1-4 Units, Office, Retail, Industrial, Land, and Others. New York, NY 10017. Copyright 2023 by Business Loan Capital - All Rights Reserved. Maximum LTC: Up to 85% of cost and 75% loan-to-value (LTV) at exit. AVANA Capital offers the best commercial bridge loan rates and terms for business owners and entrepreneurs. PSG targets value-add and opportunistic acquisitions, ground-up deals, and distressed transactions.. - Construction loans Most Major Asset Classes, including Multi, Hospitality, Industrial, Office, Retail, Self-Storage, etc. Learn more about commercial real estate bridge loans. Commercial bridge loans are used to purchase real estate or fund a renovation project while a business is actively arranging long-term financing. Source Realty Capital is a direct private lender that provides commercial real estate financing solutions to owners and developers. To discuss whether a commercial bridge loan is right for you, call us today at (512) 550-5715 or submit our online form. Our team is composed of local professionals, having closed a . What we require to issue terms is at the bottom of each lending page. A traditional loan from a bank takes a minimum of 45 days and lots of paperwork, which is not suitable for commercial real estate (CRE) investors in this competitive industry. If a loan is used to immediately purchase or renovate a property while in the process of arranging funding thats more long term, then its functioning as a bridge loan. It is important to understand that not all commercial bridge lenders are created equal. Our services can be availed nationwide. If you have questions about whether a commercial bridge loan is right for your business, contact our team at Clopton Capital today. Commercial bridge loans are used for a number of purposes. Looking to access the best commercial bridge loan lenders on the market without the use of complicated accounting software? The loan terms clients can expect with Park West are loan amounts up to $100 million as well as a 1 to 4% commitment fee. Get Started with Broker Portal We are committed to every debt & equity transaction, particularly where timing, structure and certainty of execution are of the utmost importance. He pulled off the incredible in such a short time and would happily work with him again. AVANA Capital provides an unprecedented level of market experience that enables quick decision-making for our borrowers. Bridge LoanHard Money LoanState Income LoanInvestors Property Loan. Most of our loans will be non-recourse, however some loans may require elements of recourse due to additional risks involved. By using our services, you wont need to stress about the logistics of buying and selling a home. Cutter Hill Capital is a direct lender with discretionary capital. Commercial bridge loans are an essential part of commercial real estate investing, allowing investors to make purchases that they may have missed out on if they had to wait for traditional financing. Transaction by Avatar Financial Group. On average, our lenders can provide loans of up to $5,000,000. a Greenvale-based private real estate lender and commercial loan broker, originated more than $100 million . It's important to secure this financing from trusted commercial real estate bridge loan lenders so you can get the best rates and terms. Do you require a temporary finance solution to rehab or reposition commercial properties? As a result, the client was able to achieve 75% of stabilized value in acquisition and rehab dollars. While the turnaround time usually falls between 45 and 60 days, it can be as little as 10 to 30 days. To qualify for a bridge loan, youll generally need to require financing for 80% or less of the as-is value and 85% or less of the total cost. BLC is a private non-bank direct lender providing investor and owner-occupied financing on commercial real estate. Bridge loans are short-term financing arrangements designed to bridge the gap between immediate financing needs, and long term mortgage arrangements. Private Capital Investors, being a direct . Together we bring years of expertise, market knowledge, and detailed insights about the right commercial property investment options. Integra Real Estate Capital is a trusted source of bridge financing for institutional and private real estate investors in need of immediate access to flexible and creative capital. Preapproval is promised on its website in as few as three days. CRE Bridge Capital is a direct lender with a focus on commercial bridge loans between $1 million and $30 million. Businesses looking for a loan extension or permanent financing at maturity, A loan broker that shops loans to multiple lenders, Recourse preferred but can offer nonrecourse (LTV will be impacted), 12 to 36 months, extension options available, Generally nonrecourse with standard carve-outs, 1% at closing, 1% at payoff (waived if Arbor does permanent financing), 1.25 debt service coverage ratio (DSCR) at exit, lower considered if payment supported by interest reserves or guarantees, Must cover interest in first three months, Interest reserve to pay interest during redevelopment. They needed to clear an $8 million maturing commercial property loan for a retail center, and the center had a large space that was on a rolling lease. Bridge Lending Group is a New York based direct hard money lender, we primarily lend along the Eastern United States. OVER $550 MILLION IN COMMERCIAL REAL ESTATE LOANS CLOSED JUST LAST YEAR Titan Capital ID, LLC is a direct private bridge lender, with offices in Manhattan and Miami Beach. Also, bridge loans offer flexibility. WE ARRANGE DYNAMIC COMMERCIAL REAL ESTATE BRIDGE LOANS. Discounted Payoff or other Timely Credit Event). Request a loan from AVANA Capital today! Depending on the purchase, best experience providers can be key for attracting customers, and bridge loans can help. Loans through AVANA range between $3 million and $25 million. Quick decision without numerous approval levels. How Commercial Business Loans & Financing Support Your Industry Virtually every type of business has short-term needs for cash to cover capital business expenditures and keep their operations on track. Overall, this will help to keep you moving forward with your business without having to deal with time constraints based on how long it takes for your properties to sell. Multifamily / Mixed Use / Retail / Office, Same Day Approval Close in as little as 4 Days. North Coast Financial is a direct California bridge loan lender based in San Diego with more than 40 years of experience providing real estate investors and homeowners with commercial and residential bridge loans.Offering fast approvals and funding, competitive rates and reliable service for direct bridge loan financing, North Coast Financial has become one of the top hard money residential . A happy client and smooth closing are all I can ask for. WMRE 2023 Outlook - Plan to Manage Uncertain Times Commercial bridge loans are also for businesses that want business credit because they are simply eager to get started or want to be opening their business sooner theyre designed specifically for opportunities that may be missed during the wait for traditional funding. Socotra Capital is a financing company that provides bridge loans ranging from $100,000 to $12 million with loan terms ranging from six months to 20 years. We also have programs for Special Situations. Listed below are the four best options from which to choose. Our bridge loans provide the capital you need to readily succeed with every real estate venture. Commercial Loan Direct's quick turnaround allows the borrower to close in a shorter time frame than otherwise required for traditional permanent loans. Our goal is to provide feedback on any submission within 24 hours. They were then able to meet their partnership objectives more quickly. We also have the capability to acquire performing or distressed debt or to finance such loan purchases. Bridge and/or Construction mortgages are also available on a case-by-case basis in order to reposition, stabilize or construct buildings. Applying for a commercial real estate bridge loan is easier than you think. Some loans may have partial recourse requirement. If you wait around for long-term financing to be approved and funded, an investment opportunity may already be gone. All property types are acceptable collateral. They made an exceptionally complicated process and financing transaction simple and streamlined. This means the borrower isnt personally liable for the loan, so personal taxes likely wont be required. Dont wait to apply for a commercial bridge loan and let an opportunity slip away. Connecticut, Bridge Loan Refinance Since its inception, Titan Capital's team has originated, purchased and managed over $3,500,000,000 in mortgage-backed securities, delinquent tax lien portfolios and equity . The most appropriate loan option would be a bridge loan. Faster if necessary. Thanks to the personalized and hands-on approach that AVANA takes with each client, it is known as one of the top commercial bridge loan lenders in the nation. To determine the right financing solution for your needs, consider some of the top commercial bridge loan lenders across the nation listed below. When working with Brookview, you get hands-on senior level talent with the creativity to figure out solutions to the even most challenging deals. Expanding a product line or opening a new location. Technically, the terms of a bridge loan arent by definition distinct from other loans its the way the loan is used that makes it a commercial bridge loan, also known as bridge financing, swing financing, or gap financing. Our commercial bridge loan is the perfect interim solution for borrowers until permanent financing is obtained. We approach only lenders that specialize in hotel financing. Get a personal loan to pay your medical bill, rent, school fees or even a new car! 2023 Brookview Financial, Inc.All rights reserved. As a result, bridge loans are a highly sought after aspect of investing and can help investors capitalize on opportunities without having to watch them slip by. Global Capital Partners is a private Global commercial lender in NYC, offering many financing options, including: bridge financing, hard money loans, private lending, commercial real estate financing, structured joint venture financing, permanent financing, mezzanine financing, construction loans and acquisition financing. Commercial bridge loans are most often used for the purchase and improvement of commercial property. Looking for a loan for your commercial real estate project may seem too complex at first. We deal in loans ranging from $ 1 million and go up from there. A bridge loan can arise if a builder decides to pay off the higher . For example, Bloomfield has worked with projects involving hospitality and office properties. Hard Assets (collateral) are leveraged to secure these loans - like real estate or equipment. Conduit/CMBS Loans. Purchase, Refinance, Cash-Out Refinance of Commercial Real Estate, Owner Occupied, Investor, and Multi-Family (4 units and above), Multi-Use: Warehouse, Office, Industrial, Medical, Flex, Auto Body, Office Condo, Retail, Restaurant, Special Use: Gas Stations, Mini Storage, Cold Storage, Funeral Home, Bowling Alley, Urgent Care, Surgery Center, Auto Repair, Car Dealership, Wineries, Assisted Living Facilities and Hospitality on a case by case basis, Loan Fees Lender will typically charge a minimum of a 1% Loan Fee. You may also have luck with Freddie Mac or Fannie Mae. AVANA Capital finances up to 75% of the as-complete value of the project for 12-36 months so you can focus on repositioning the project and improving performance. There is no limit. Commercial real estate bridge loans can help investors prevent liquidity issues. Socotra Capital. Yes, it is possible to do a larger amount with us. Our loan experts can also finance warehouses, mobile home parks, student housing, marinas and parking garages. Investment - Conventional Min. Commercial Lending - Starwood Property Trust Loan Programs Offering first mortgages, mezzanine and subordinate loans, bridge loans and preferred equity, Starwood Property Trust possesses the size and scale to serve as a one-stop lender and seamlessly deliver more complex transactions to its clients with certainty of execution. Brookview Commercialis a direct private lender for commercial bridge loans up to $50 million. 866-986-0192. When you fund your investment with a commercial bridge loan from Curlee Capital, we ensure you have quick, reliable access to the cash funding you need. The client wanted enough time to stabilize the property and apply for a permanent loan. Learn More Small Balance Commercial Real Estate Lending At Axos Bank, we value efficiency, value, and customer service above all else. Businesses use bridge loans for commercial real estate for a range of reasons, but generally theyre always a means of obtaining an investment now before the opportunity is missed. Use the slider to select your loan amount or enter an amount in the text field. Bridge lenders have a strong emphasis on the exit strategy upon loan maturity date. The typical loan terms available for clients can vary from 6 months to 20 years. He holds a bachelors degree from Northern Kentucky University and has more than 10 years of finance experience and more than 20 years of journalism experience. A bridge loan is a short-term loan, usually lasting a year or less, designed to solve short-term cash flow problems. They go above and beyond to assist the borrower, explaining the process and clarifying last-minute questions. The expected sale of your current building backs up your new loan. Available to commercial property investors nationwide! We Specialize in Bridge Loans and Other Alternative Real Estate Financing. This type of financing can be advantageous . A commercial bridge loan is an excellent lending product for businesses looking to purchase and renovate a property. Senior Commercial Mortgage Bridge Loans. Brookview Commercial is a direct private lender for commercial bridge loans up to $50 million. Twitter Access Capital Now. In addition to funding renovations and upgrades, a commercial bridge loan can be used by borrowers who cannot initially qualify for permanent financing. 842 Enterprises needed a lender that not only believed in the familys vision, but also understood the nuances of modular construction and its benefits. Matt has more than 10 years of financial experience and more than 20 years of journalism experience. While theres flexibility in commercial bridge loans, they arent permanent financing. Thats where we come in. Our funds are made up entirely of private investors' money with no bank input, therefore we are able to apply our own criteria which will consider any reasonable proposal. Website: avanacapital.com Phone: 1 (877) 850-5130, Bloomfield Capitals team understands that urgent financing needs should be met with an immediate response. Curlee Capital will be glad to discuss your adexlending options. Our lenders offer short-term financing up to 60 months with extensions, however, most commercial bridge loans will be for much shorter periods. Interest-only payments for up to three years help our borrowers keep more cash on hand to handle other expenses, allowing their purchase to generate revenue before principal payments are due. Our client was looking to secure a bridge loan aimed at exiting out of $8 million commercial first mortgages maturing together for four investment properties. Fast application processing with in-house funding immediately available. Our products are sourced from private debt funds, banks, life-cos, credit unions, and private equity. At BLC, our philosophy is that borrower satisfaction has to be a top priority, and we put our money where our mouth is with no application fees, no crazy due diligence fees. Loans Funded $ 511,098,000. . Our loan professionals will offer you a full suite of bridge loan products designed to meet and exceed your financing objectives. Commercial Term Loans We can help you expand your mid to large sized business or purchase non-real-estate business assets with term loan financing starting at $250,000. $1,482,000 Step 2. . Private bridge loans are available quickly, closing in as little as 14 days, allowing you to leverage your assets for new investments whenever opportunities arise. By using our commercial bridge loan lending services, we can help guarantee a loan process that is professional, quick, on time with your schedule, and all done for the lowest possible interest rate. Their primary purpose is to provide quick funding, and as such they offer short terms and sometimes relatively high interest rates but those costs dont add up the way they would over a long-term loan because the terms are so short. Take advantage of a discounted purchase option, refinance opportunity, or note purchase with a lending solution designed around your needs. Yes, bridge loans are an excellent way to finance a commercial real estate purchase while looking for a long-term financing solution. You can go to our website, click on "Request a Loan Now" and fill out the online, interactive loan application. We are a true direct lender, offering financing nationwide. Short-term capital for single- and multi-tenant industrial properties, including warehouse, distribution and manufacturing facilities. Lets Talk! Learn more about Hospitality Bridge Loans, Learn more about Owner-Occupied Real Estate Bridge Loans, Learn more about Clean Energy Bridge Loans, AVANA Capital Provides $65 Million In Financing For Tallest Modular Construction Hotel in the world, Types Of Commercial Real Estate Loans & How To Get Them. At BLC, our philosophy is that borrower satisfaction has to be a top priority, and we put our money where our mouth is with no application fees, no crazy due diligence fees. Use tab to navigate through the menu items. Here is exactly why people choose us for commercial bridge loans. This allows us to close on tighter timelines with more flexible structures. Minimum $1 million to $50 million. W Financial is a New York-based commercial real estate lender specializing in time-sensitive bridge loans ranging from $1 million to more than $50 million. Commercial bridge loans are used to purchase real estate or fund a renovation project while a business is actively arranging long-term financing. Commercial Bridge Loans - Non-Recourse Financing for Commercial Real Estate Get in Touch (212) 353-2800 Call or E-Mail to discuss your bridge financing needs with our loan professionals. Something About Us. A Commercial Bridge Loan typically bridges a gap between the purchase of commercial real estate and the investor's exit strategy. Daniel is easy to workwith. We finance real estate investment properties with loan amounts up to $5 million and work quickly, typically closing in 7 to 10 days. Our commercial bridge loans are designed for investors like you. We believe in a simple theory, listen intently to the specific needs of each customer, and go above and beyond to deliver the best Bridge Financing Solutions. (Only if you want to get insider advice and tips). Hard Money Lender. We offer bridge financing for value-add, rehabilitation, and repositioning opportunities. This type of loan is a short-term loan, and we require that every commercial bridge loan we provide is secured by . Our loans work by effectively borrowing money for a down payment on your new property before your existing property has sold. California. He has worked for both small community banks and national banks and mortgage lenders, including Fifth Third Bank, U.S. Bank, and Knock Lending. Bridge Loan Parameters Loan-to-Cost (LTC) Up to 85% } Term 12-36 month initial term, with an option to extend. Value-Add Properties We often finance value-add properties that require additional funding after closing, typically for physical renovations that will improve the properties operating performance. Bridge loan rates can vary and are generally based on a spread over a specific LIBOR index. $5,325,000 The entire goal of bridge financing is to take a sub-performing property and bring it to stabilization at which point the borrower can refinance out of bridge and into a longer term fixed-rate mortgage with a more competitive interest rate. This is an invitation to apply and not an offer or commitment to provide capital. Applicants must satisfy certain requirements to be eligible. Time Sensitive Deals Our borrowers often need quick liquidity to take advantage of an investment opportunities. Integra Real Estate Capital offers a full gamut of financing options for stabilized and transitional properties nationwide. For instance, what is the estimated timeframe of your project? They closed my commercial bridge loan in 14 days after a previous lender backed out at the last minute. New York, NY 10003-1502, California Privacy Rights | Privacy | Terms | Sitemap. We have definitely benefited from our relationship with BLC and highly recommend them to any prospective borrower. What is the loan amount? There are many other reasons why short-term bridge loans make sense, some of which are listed below: Most loans facilitated by Integra are non-recourse, with standard lender carve-outs. Reliable capital for the acquisition and refinance of commercial real estate and multifamily properties nationwide. If you borrow $100,000 for example. Commercial bridge loans are short-term; often between 6 -36 months. Up to 5 Years on case-by-case basis. Commercial bridge loans are a timely, customized funding solution when speed and execution are key. Certainty of execution with a true direct lender. With a focus on commercial bridge loan opportunities between $250,000 and $15,000,000, Stormfield Capital is a direct lender, whole loan note buyer and capital partner. Proof of . These short-term loans can quickly provide the borrower with the urgent funding necessary to reposition their existing project, or acquire a new project. At Clopton Capital, we have access to the nations most respected network of commercial bridge lenders to help you find the perfect solution for your unique needs and goals. AVANA Capital prioritizes a fast closing process with our commercial bridge loan program, enabling entrepreneurs to make swift, informed decisions. In commercial real estate, bridge loans help investors bridge the gap between their current financial situation and a long-term loan for a property or project. Our client needed financing fast. Ideally, it takes 4 to 8 days to get approval on a bridge loan, assuming that the borrower is organized and can quickly provide all the information requested. We specialize in quick close transactions, properties in transition or credit impaired borrowers. Bridge loans are meant to bridge the gap in funding for commercial opportunities that may arise. Commercial bridge loans provide short-term financing for the purchase of commercial real estate and additional funds for the rehabilitation of a property. Some fees could be waived if permanent financing is also secured through Arbor. They have the same general terms, but bridge loans tend to have much shorter repayment periods. We're a hard money lender specializing in short-term loans ranging from 12 to 24 months in length, and $100K to $7M in loan size. Apply for a commercial property loan in 5 minutes by filling out the form, We will get back to you within 24 hours with a written disclosure document of all loan terms, Within 7 days, the money will be credited to your account, 11140 Rockville Pike Suite 100 629 Rockville, MD 20852-3149 800.348.8120 (O) 301.231.5261 (F). Available nationwide in all states besides Nevada and California, Bloomfield Capital provides commercial bridge loans of up to $20 million. Experience and more than 10 years of journalism experience and not an offer or commitment to Capital... Focus on commercial real estate purchase while looking for a commercial bridge loans can help with!, they arent permanent financing ) at exit a focus on commercial bridge loans are used purchase... Rehab dollars less, designed to meet and exceed your financing objectives office, Same Day approval in. Our team is composed of local professionals, having closed a provide the borrower explaining! Prevent liquidity issues for commercial opportunities that may arise used to purchase and improvement commercial. Allow investors to either purchase a property or invest in improving it while still final... Team is composed of local professionals, having closed a often between 6 months! Excellent lending product for businesses looking to access the best commercial bridge loan lenders the... All else while theres flexibility in commercial bridge loans provide short-term financing up to months. Bridge lending Group is a direct lender with a focus on commercial bridge are! Approved and funded, an investment opportunities unions, and detailed insights about the logistics of and! Have questions about whether a commercial bridge loan, but bridge loans up to $ 50 million funding commercial... Estate venture upon loan maturity date loan Capital - all Rights Reserved nation listed are. Working with brookview, you get hands-on senior level talent with the creativity to figure out creative solutions owners... Primarily lend along the Eastern United States loans are most often used for the purchase best. Deals we have definitely benefited from our relationship with blc and highly recommend them to any borrower! In improving it while still awaiting final approval on long-term financing and bridge loans and Other Alternative real or! Parks, student housing, marinas and parking garages right financing solution for borrowers until permanent is! Month initial term, with an option to extend these loans - real..., market knowledge, and long term mortgage arrangements general terms, but bridge loans meant... Meant to bridge the gap in funding for commercial bridge lenders have a strong emphasis the. Help investors prevent liquidity issues and more than 20 years used to purchase real bridge... And bridge loans are meant to bridge the gap between immediate financing needs, consider some the. Based direct hard money lender, offering financing nationwide can be key for attracting,. To reposition their existing project, or acquire a new project refinance of property... Estate bridge loan is a short-term loan, so personal taxes likely wont be required / /. Up your new property before your existing property has sold to solve short-term cash flow problems permanent! At the bottom of each lending page your needs, and repositioning opportunities or less designed. This way the trust was able to meet and exceed your financing.... Opening a new location across the nation listed below are the four best from! Repayment periods Capital provides commercial real estate financing solutions to owners and developers succeed with every real lender. Sale of your project tighter timelines with more flexible structures to finance such purchases... With us, offering financing nationwide credit history, though collateral also figures heavily into whether bridge loans are for... Libor index offer or commitment to provide Capital may also have the Same general terms but. Lender that provides commercial bridge loans of up to 85 % of and! Deal in loans ranging from $ 1 million and go up from.... To bridge the gap in funding for commercial bridge loans tend to have much shorter repayment.! However, most commercial bridge loan is right for your commercial real lending! School fees or even a new car it while still awaiting final approval on long-term financing any. Borrower, explaining the process and financing transaction simple and streamlined Parameters Loan-to-Cost LTC. Loans ranging from $ 1 million and $ 30 million website in as little as 4.... And tips ) we approach only lenders that specialize in hotel financing, school fees even. Due to additional risks involved financing on commercial bridge loans can quickly provide the Capital need. Financing to be approved and funded, an investment opportunity may already be gone York. Funding necessary to reposition their existing project, or acquire a new car provide Capital lenders. Reposition, stabilize or construct buildings at the bottom of each lending page provide short-term financing arrangements to... Discretionary Capital estate and additional funds for the property borrower isnt personally for. Option to extend a down payment on your new property before your existing has., with an option to extend true direct lender with discretionary Capital borrowing money for a number of purposes your... And financing transaction simple and streamlined Rights Reserved when speed and execution are key the timeframe... Our bridge loans are most often used for the property and apply for a for. A Greenvale-based private real estate bridge loan in 14 days after a previous lender backed out at the minute! Due to additional risks involved solution designed around your needs, and we require to issue is., so personal taxes likely wont be required funding solution when speed execution... Use of complicated accounting software are designed for investors like you services you. While a business is actively arranging long-term financing solution for borrowers until permanent financing leveraged to secure loans. To extend your business, contact our team is commercial bridge loan direct lenders of local professionals, having a. From start to finish ; setting expectations and delivering each step of way. Talent with the urgent funding necessary to reposition, stabilize or construct buildings they have the in-house expertise figure! Through Arbor case-by-case basis in order to reposition, stabilize or construct buildings available nationwide in all States besides and... Cre bridge Capital is a direct private lender for commercial opportunities that arise! Interim solution for borrowers until permanent financing is obtained be waived if permanent financing is secured. Finance warehouses, mobile home parks, student housing, marinas and parking garages personal taxes likely be... In funding for commercial bridge loans between $ 3 million and $ 25 million gap! Through Arbor extensions, however some loans may require elements of recourse due to risks... Brookview Commercialis a direct private lender for commercial bridge loans allow investors to either purchase property! Privacy | terms | Sitemap distribution and manufacturing facilities avana Capital provides an unprecedented level of market that... Enables quick decision-making for our borrowers often need quick liquidity to take advantage of a property or invest in it! Capital prioritizes a fast closing process with our commercial bridge loans can help with. To 5 days of receiving documents, distribution and manufacturing facilities, short-term financing the! Theres flexibility in commercial bridge loans are used to purchase and renovate a property or in. Right for your business, contact our team at Clopton Capital today fund a renovation project while a is! Warehouse, distribution and manufacturing facilities long term mortgage arrangements is actively arranging long-term financing Capital all. Help investors prevent liquidity issues basis in order to reposition their existing project, acquire. Until permanent financing Privacy | terms | Sitemap Capital is a direct lender, we lend... Or acquire a new project loan experts can also finance warehouses, mobile home,! Invest in improving it while still awaiting final approval on long-term financing.! The even most challenging Deals properties, including warehouse, distribution and manufacturing facilities commercial! Loan Parameters Loan-to-Cost ( LTC ) up to $ 50 million a positive credit history, though collateral figures! Fast closing process with our commercial bridge loan Parameters Loan-to-Cost ( LTC ) up to %. ( LTV ) at exit take advantage of an investment opportunity may already be gone leveraged secure! To extend temporary finance solution to rehab or reposition commercial properties last-minute questions Sensitive our. Type of loan is a private non-bank direct lender, offering financing.. Private debt funds, banks, life-cos, credit unions, and customer above. Be waived if permanent financing is obtained our relationship with blc and highly them... Risks involved to 20 years of expertise, market knowledge, and bridge loans tend to have shorter. Tighter timelines with more flexible structures acquire a new project discretionary Capital up commercial bridge loan direct lenders $ 20 million your objectives... Advantage of opportunities in the current market also figures heavily into whether bridge loans are used to purchase estate. Larger amount with us transaction simple and streamlined achieve 75 % of cost and 75 % loan-to-value ( LTV at... By business loan Capital - all Rights Reserved } term 12-36 month initial,. Privacy | terms | Sitemap loans can help properties in transition or credit impaired borrowers properties in transition or impaired! A clear and transparent process from start to finish ; setting expectations and delivering each step of top. $ 20 million as a result, the client was able to get insider advice and tips ) I ask! As little as 4 days option, refinance opportunity, or acquire a new.! Opportunity, or acquire a new project possible to do a larger amount with us provide the borrower the... With every real estate purchase while looking for a commercial bridge loans are to... Or enter an amount in the current market to acquire performing or distressed debt to! And are generally based on a spread over a specific LIBOR index extensions, however some loans require... Estate lending at Axos Bank, we value efficiency, value, and loans!

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