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Streit Lending

Bridge Loan
Cannabis Loans - LG340

Streit Lending

Summary of all Guidelines

Loan Types Bridge Loan
Property Types Cannabis Related
Lendding Area NATIONWIDE
Loan amount Minimum $500,000
Loan amount Maximum $10,000,000
Interest Rate Minimum 8%
Points Minimum 1st TD 1
Points Maximum 1st TD 1.5
Terms 1 year, 2 year, 3 year
Lien Position 1st
Intended Occupancy Owner Occupied Business
General Pricing or Guideline info Location: Major Cities in the Western US Loan Amounts: $500K-$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 2023-11-16

Location:
Major Cities in the Western US

Loans Amounts:
$500K-$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.