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Socotra Capital

We are the direct, balance sheet, private money lender at your disposal.

Bridge Loan

Property Types Automotive, Cannabis Related, Gas Station, Hotel, Industrial, Land Entitled, Land Non-Entitled, Mixed use, Multi Family, Office, Restaurant, Retail, Shopping Center, Special-Use, Strip Center
Lending Areas NATIONWIDE
Amortized or Interest Only Amortized and Interest Only Options available
Intended Occupancy v Tenant, Owner Occupied Business
Term 6 month, 1 year, 2 year, 3 year, 4 year, 5 year, 7 year, 10 year, 15 year, 20 year
Loan amount Minimum $100,000
Entities Corp - Corporation, LLC - Limited Liability Corporation, LP - Limited Partnership, Individual, Trust
Loan amount Maximum $20,000,000
Lien Position 1st
General Pricing or Guideline info Hard Money Loans for Commercial Buyers Business owners, trusts, corporations and private partnerships often secure hard money loans for their commercial property needs. These private money loans, which can be used to rehabilitate or pay off mature notes on commercial properties, are often known as bridge loans or gap loans. As a hard money lender with years of experience in the commercial lending sector, we understand the needs of business owners and investors. We will work with you to make sure that your commercial hard money loan meets your needs and offers the best rates at reasonable terms. Property Types Industrial, office, retail, apartment complexes (5+ units), shopping centers, restaurants, mixed-use, automotive, hotel, special purpose, land, gas stations, and specialty properties. Loan Amounts $100,000 – $20,000,000 Term 6 months to 20 years – interest-only, partially-amortized, and fully-amortized loans available. Loans Available Loans are available to individuals, trusts, corporations, and limited partnerships
Updated as of 2023-11-20

Summary of all Guidelines

Loan Types Bridge Loan, Hard Money Loan, Rehab Loan, SBA Loan
Property Types 2-4 Units, Agriculture, Assisted Living, Automotive, Cannabis Related, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Manufactured Home, Medical Office, Mixed use, Mobile Home Park, Modular Home, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, Senior, SFR, Shopping Center, Special-Use, Strip Center, Warehouse
Lendding Area alaska, arizona, california, colorado, connecticut, delaware, georgia, hawaii, idaho, kansas, maryland, nevada, new-jersey, north-carolina, oregon, rhode-island, utah, washington
Loan amount Minimum $100,000
Loan amount Maximum $25,000,000
Interest Rate Minimum 8%
Points Minimum 1st TD 2
Terms 3 months, 6 months, 10 years, 15 years, 20 year
Prepayment Penalty None
LTC Construction 85
Interest Only or Amortized Interest Only, Amoritzed
Special Features Cannabis Funding

• The Turbo Close: 48 hour to 6 business day close (need prelim / title commitment readily available).
• SBA-Approved Lender: We finance up to 90% of purchase price on an SBA504, refinances depend.. call us.
• The Bank Buster: Have a bankable loan? We’ll give you bankable rates, but without the bank timeline or bank headaches.
• Real Estate Secure Line of Credit: Use your property like a credit card, borrow as much as you need, at any time, and only pay interest on what you draw.
• Property Types: Residential, Commercial, Land, Mixed-use, Special Use, quite literally 99% of property types depending on location – we control our own funds and make our own decisions!
• Requirements: No minimum credit , no DTI calculations, Owner-occ or NOO , just need real estate as collateral.
• Transaction Types: #1 reason to use Socotra Capital is a timing issue, purchase or refinance. 1031 exchange tax deadline, cash-out refinances of any kind, existing bank loan coming due, the other lender leaving client at the altar, sellers unwilling to extend (again), and foreclosure bailouts.
• Property Conditions: Vacant, non-income producing, environmental issues, red tags, code violations, abatements, dilapidated properties, mid-construction to completion, what are you working on?
• Borrowers: Irrevocable Trusts, Self-Directed Retirement Accounts, Foreign Nationals, Individuals, Entities, Power of Attorney, Non-Profits.
• Term: 3 months interest-only to 20 years fully-amortized.
• Loan Amounts: $100K to $25MM.

Socotra Capital is located in Sacramento, CA. They offer financing for Bridge Loans, Hard Money Loans, Rehab Loans and SBA Loans. The property type they primarily lend against is 2-4 Units, Agriculture, Assisted Living, Automotive, Cannabis Related, Daycare, Funeral Home, Gas Station, Hotel, Industrial, Manufactured Home, Medical Office, Mobile Home Park, Modular Home, Multi Family, Office, Place of Worship, Restaurant, Retail, Self-Storage, SFR, Shopping Center, Special-Use, Strip Center, Warehouse, Mixed use and Senior. Their minimum loan amount is $100,000. Their maximum loan amount is $25,000,000. Maximum duration of 3 months;6 months;10 years;15 years;20 year. Although rates can change they are typically lending at a minimum rate of 8%. Points charged are deal specific, but historically have charged a minimum of 2.

These descriptions are limited information and meant for general reference purposes.
3104 O Street Suite 357
Sacramento, 
CA
 95816