That said, technically any kind of commercial mortgage loan can be considered a bridge loan if its used as a temporary measure to bridge the gap to another loan. Two thumbs up to the Business Loan Capital Team. 602-714-5111. info@rracapital.com We can help you with your purchases, refinances, or fix-and-flips. I want to thank the BLC team for one of the most pleasant experiences I ever had working with a lender. AVANA Capital is a direct lender that provides commercial bridge loans, construction loans, and SBA 504 loans. 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 Protect Your Privacy and Will Never Sell Your Email Address! Commercial Loan Direct offers interim financing or bridge loans on commercial properties including; Multifamily, Office, Industrial, Retail, Self Storage, Assisted Living-Congregate, Hotel/Motel, Special Use (most commercial properties with the exception of outlet malls and land). We are with you every step of the process. Some lenders offer nonrecourse lending, which is advantageous because it removes the repayment liability from the individual borrower. Cutter Hill Capital is a direct lender with discretionary capital. This helps a potential business owner, or one that is expanding to have a credit line to get more supplies, inventory, equipment and whatever it takes to grow or expand a business. BLC welcomes loan requests direct from borrowers as well as referrals from realtors, attorneys, accountants, mortgage brokers, consultants, and financial advisors. In addition to being a direct lender and capital partner, Bloomfield specializes in loans for various asset types. We offer bridge loans almost anywhere in California from $50,000 to $20,000,000. Short-term (3 to 12 months) interest only bridge loans with a conversion to an SBA CDC/504 loan upon milestone completion. Download PDF Offices 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. Depends on the Deal. Commercial bridge loans can also be used as a short-term source of capital, or a cash infusion, as the business searches for traditional forms of capital elsewhere. We formed the company to cater for those being denied access to mainstream lending due to prohibitive bank criteria. By being more creative and nimble than alternative capital providers we work to create opportunities while other lenders see obstacles. Loans through AVANA range between $3 million and $25 million. Yes, bridge loans are an excellent way to finance a commercial real estate purchase while looking for a long-term financing solution. Our commercial bridge loan is the perfect interim solution for borrowers until permanent financing is obtained. We offer bridge financing for value-add, rehabilitation, and repositioning opportunities. We have the financial sophistication, creativity and flexibility to structure many types of complex commercial transactions. 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. 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. Our capital sources offer fixed and floating rate bridge loan rates, most often rates are quoted over Libor. The longer repayment period is attractive to potential borrowers, with up to three years to either sell or refinance the loan. Conventional(up to 25 years) loans for commercial investment or business owner occupied properties with rates as low as 5.5%. What kind of commercial real estate resources, such as machinery or personnel, does your project require? It depends on your circumstances. 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. These loans "bridge" a gap between other payment or financing options, hence the name. During the loan process he was creative, honest and I will definitely come back to him for any short term financing needs I may have in the future. Due to the fact bridge loans can be risky, the interest on a commercial bridge loan is higher than normal loans. They go above and beyond to assist the borrower, explaining the process and clarifying last-minute questions. Our bridge loan program is designed to provide the fastest and most efficient capital, from loan closing to construction disbursements. 6. AVANA Capital prioritizes a fast closing process with our commercial bridge loan program, enabling entrepreneurs to make swift, informed decisions. 608. Our quick . Our loans work by effectively borrowing money for a down payment on your new property before your existing property has sold. Our personal loans are specifically designed for SALARY EARNERS with flexible repayments ranging from 3 - 12 months to help you cater for those expense that can't wait till pay-day. Our bridge loan is the perfect interim finance solution for borrowers until permanent financing is obtained. Our deep industry knowledge and strong reputation are some of the key reasons why we are one of the leading commercial brokers in the United States. Call or E-Mail to discuss your bridge financing needs with our loan professionals. Larger on case-by-case basis. 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. Commercial bridge loans are short-term; often between 6 -36 months. He has worked for both small community banks and national banks and mortgage lenders, including Fifth Third Bank, U.S. Bank, and Knock Lending. PROVEN DIRECT LENDER WITH A HISTORY OF SUCCESS . 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. You are exactly in the right place because Clopton Capital offers the most competitive commercial bridge loan options in the country. Looking to access the best commercial bridge loan lenders on the market without the use of complicated accounting software? It's important to secure this financing from trusted commercial real estate bridge loan lenders so you can get the best rates and terms. We Specialize in Bridge Loans and Other Alternative Real Estate Financing. Our team develops fast financing solutions for commercial real estate that help business owners meet their goals. What we require to issue terms is at the bottom of each lending page. Deal Size and Complexity Dependent. YouTube, 228 Park Ave S # 20702 A bridge loan is a perfect tool for CRE investors looking to close a deal fast. AVANA Capital provides bridge loans for hospitality real estate, healthcare facilities, retail stores, restaurants, and other facilities. 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. 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. Bridge loans, also known as short-term loans, are provided to the borrower for 12, 18, or 24 months. As a direct commercial hard money lender, we provide pre-approvals in 24 to 48 hours and fund loans in five to seven days. We arrange loans in 50+ states with strong emphasis on middle market locations. Properties in Transition We can finance transitional properties that may lack current cash flow. Facebook Business loan requirements can differ depending on the situation, and thats no different with bridge loans. Applying for financing with BLC is simple and easy, just tell us a bit about your property and your needs. Learn more about commercial real estate bridge loans. Minimum DSCR: 1.25x at exit with appropriate in-place DSCR; lower DSCRs considered if payment supported by pre-funded interest reserves or guarantees. A bridge loan is any loan designed to provide fast funding for a purchase, renovation, or other investment while an investor waits for long-term financing. It is that simple. In three weeks, BLC was able to provide our client with the same services that our competitors could not and helped them finance $40 million dollars. I highly recommend him for anyone who needs quick funding! Use the slider to select your loan amount or enter an amount in the text field. The commercial mortgage bridge loan will then be paid off in a short period of time, usually using the funds from the full, long-term commercial mortgage loan with terms of 15 or 30 years or so. What is the loan amount? Our hospitality finance group sources competitive capital for acqusition and renovation of hotels. Well help you secure the right loan while making the entire process quick and easy. Available to commercial property investors nationwide! AVANA has provided commercial bridge loans to industries, such as hospitality, owner-occupied real estate, and renewable energy, among others. In addition, loan amounts range from $100,000 to $12 million. Investors and real estate developers utilize commercial bridge loans when certain types of properties are being purchased or renovated. Starting at L+395 up to L+895. Our consultations and quotes are absolutely FREE. Website: socotracapital.com Phone: (855) 889-7626, Clopton Capital is a commercial mortgage broker that offers fast capital solutions to companies across the country. We fund private loans from $150,000 to over $10,000,000 with extended bridge terms of up to 24 months or more. We provide short-term interest-only bridge loans from $1 million to $20 million, highly-competitive fixed rate conventional loans from $1 million to $10 million, and SBA CDC/504 loans from $1 million to $10 million. Wondering about bridge loan rates? Arbor is another nationwide lender that offers a variety of mortgage loan products, including commercial bridge loans. FAST Close We have closed commercial bridge loans in As Fast as 10 days. If you have questions about whether a commercial bridge loan is right for your business, contact our team at Clopton Capital today. Certainty of execution with a true direct lender. Arbor Bridge Loans offer commercial real estate investors the opportunity to leverage short-term financing benefits without compromising long-term ROI, creating seamless financial transitions. 48 hours and fund commercial bridge loan direct lenders in 50+ states with strong emphasis on market! 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