SMALL BALANCE COMMERCIAL BRIDGE LOANS
$500,000 - $5,000,000
purchase or refinance
UP TO 36 MONTHS
Call or Text (202) 595-5472
Commercial Bridge Loans
As direct hard money lenders, we are flexible and make quick decisions. Our underwriting is catered towards fast approvals (within 24 hours) and fast commercial closings (within 5 to 10 business days). We understand what investors need. Our common sense approach to commercial lending means you will have a hassle-free experience that enables you close in a hurry. We fund Multi-family, Mixed-Use, Office, Retail, Self Storage and Light Industrial.
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1st Lien Bridge Loans, 12 to 36 months
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Direct Lenders (backed by family office and private investors)
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DC, MD, VA, NJ, DE and PA - Up to $2,000,000
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10.99% to 13.99%, simple interest / annualized
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2 to 3 Points
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Generally, up to 60% LTV
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Close in 5 to 10 business days. No appraisal required
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No Minimum FICO. True asset-based loans
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Multi-Family, Self-Storage, Office, Retail, Mixed-Use, Light Industrial
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Acquisition, Refinance, Cash Out, Maturity Default, Partnership Buyouts
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Cross-collateralization allowed
Flexibility
Because we use our own funds and do everything in-house, we control the entire process. We are able to provide creative solutions and underwrite each loan individually according to the situation.
Speed
With our streamlined process (low doc, no tax returns, no personal income docs, no full appraisal), we can typically close within 5 to 10 business days.
No Upfront Fees
Unlike some commercial lenders who require large initial deposits, your only upfront costs will be the inspection or valuation report, and environmental study whenever applicable.
True Asset-Based Lending
Small Balance Commercial Loans
Most Common Scenarios We See
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Borrower must close on a purchase quickly
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Borrower needs fast cash out
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Current Note is about to expire
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Challenging financial history (low credit, unverifiable income, no docs)
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Other lender backed out at the last minute
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Property is not-stabilized and long-term lender will not fund it
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Borrower wants to buy a partner out
List of Documents We Need to Close:
1. Signed Term Sheet
2. ID (Government-issued)
3. Business Entity Docs for LLC or Inc
4. Proof of Property Insurance
If purchasing a property, we need: (a) purchase contract, (b) proof of funds to close
If refinancing, we need: (a) Proof of Ownership, (b) Payoff Statement
Please note terms are subject to change