Nationwide Commercial Bridge Loans

When Your Local Banker Says “No” – Turn To Us For Reliable Funding Sources

In today’s credit market, even if you have been a great customer with a bank for years, they may still turn down your loan request if they have too many bad loans on their books or need to increase their cash reserves or your loan is just not a “cookie cutter” deal for them.

You are likely searching online for another reliable lending source and found our website because this has happened to you. We are here to help.

We have databases of non-bank funding sources, so they can make fast decisions without the typical underwriting process.

If you are ready to get started, just click on the Apply Now button below.

Overview
A commercial bridge loan is a short-term loan that is taken to meet urgent financial needs. It is also called a Hard Money loan.

A bridge loan is obtained as a temporary measure until either permanent financing is secured or the collateral is sold.

A borrower is typically looking for a bridge loan when they have to close quickly on such transactions as:

• Purchase that needs a fast closing
• Refinance a balloon loan that’s due
• Purchase a property “as is” that does not currently meet the guidelines for a permanent loan such as a rehab or conversion project
• Bank workouts
• Foreclosures
• Bankruptcies

When obtaining a short-term loan, such as a bridge loan, keep in mind that the lender is interested in funding a project with the following terms or criteria:

• Project has an income-stream

• You have some skin in the game, in other words, some equity, liquid assets or capital invested in the project

• You have experience in owning/managing the commercial property type you are seeking to finance

• You have an exit strategy for obtaining permanent financing or liquidating the property at the end of the term

• Minimum loan $500k to 6 million+

• Loan terms:
  • 1-5 years
  • 60-65% LTV
  • Interest-only payments
  • Pre-payment penalties vary
  • Fast closings: Can close within days
  • Fees: No upfront fees

If you are looking for a loan amount of less than $500,000 for a commercial project, our database of lenders will not be able to help you. Commercial lenders have a minimum loan amount of $500,000 or even $1 million for bridge loans.

However, we still have a solution for you to raise money, namely, obtaining lines of credit from banks and vendors as a business entity. Click here for details on obtaining business credit

We will give you direct access to our database of lenders. You can apply online by filling out the requested information about your loan request.

After you complete the online loan request, you will be given access to the list of lenders making the best match to your loan request parameters. Select the lenders you want to bid on your loan and sit back and wait for them to contact you by phone or email with their loan terms.

It’s just that easy.

If you are ready to get started, just click on the Apply Now button below.