Bridge Loan
Cannabis Loans and Bridge Loan
Program #LG340
Cannabis Loans and Bridge Loan
Program #LG340
Summary of all Guidelines | |
| Loan Types | Bridge Loan |
| Property Types | 2-4 Units, Assisted Living, Automotive, Bar, Cannabis Related, Condo, Daycare, Industrial, Medical Facility, Medical Office, Memory Care, Mixed use, Multi Family, Office, Retail, Self-Storage, Senior Care - Commercial Property, SFR, Shopping Center, Skilled Nursing, Strip Center, Student Housing, Warehouse |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $1,000,000 |
| Loan amount Maximum | $10,000,000 |
| Interest Rate Minimum | 9% |
| Points Minimum 1st TD | 1 |
| Terms | 1 year, 2 year, 3 year |
| Lien Position | 1st |
| General Pricing or Guideline info | Location: Major Cities in California and the Western US Loan Amounts: $750K-$10M Financing Types: 1st Trust Deeds Only Property Types: Commercial. We do not lend against agricultural land or greenhouses. Loan to Value: 70% of Market Value Interest Rates Starting at 7.99% Origination Fee: 1-1.5 points for 12 months Term: 1-3 years (Include same term for bridge and construction loans as well) Streit Lending can also provide debt for cannabis related tenant improvements. We fully grasp the complexities associated with cannabis tenancies, for example proper licensing, environmental issues and title insurance among many others and we have successfully navigated these complexities quick and efficient closings. |
| Updated as of | 2025-06-16 |
Location:
Major Cities in California and the Western US
Loans Amounts:
$750K-$10M
Financing Types:
1st Trust Deeds Only
Property Types:
Commercial. We do not lend against agricultural land or greenhouses.
Loans to Value:
70% of Market Value
Interest Rates
Starting at 7.99%
Origination Fee:
1-1.5 points for 12 months
Term:
1-3 years (Include same term for bridge and construction loans as well)
Streit Lending can also provide debt for cannabis related tenant improvements. We fully grasp the complexities associated with cannabis tenancies, for example proper licensing, environmental issues and title insurance among many others and we have successfully navigated these complexities quick and efficient closings.
These descriptions are limited information and meant for general reference purposes.
- Auriel Streit
Business Development
