Long Term Commercial Loan
Commercial Bridge Loan
Program #LG355
Commercial Bridge Loan
Program #LG355
Summary of all Guidelines | |
| Loan Types | Commercial Loan |
| Property Types | Agriculture, Gas Station, Hotel, Industrial, Medical Office, Mixed use, Multi Family, Office, Retail, Self-Storage |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $250,000 |
| Loan amount Maximum | $50,000,000 |
| Interest Rate Minimum | 8% |
| Points Minimum 1st TD | 1.5 |
| Terms | 6 month, 1 year, 2 year, 3 year |
| Typical Days Required to Fund | 11-15 Business days |
| Credit Score Min | 600 |
| Interest Only or Amortized | Interest Only |
| Entities | LLC - Limited Liability Corporation, Foreign Nationals |
| Lien Position | 1st |
| Prepayment Penalty | No Prepayment Penalty |
| Documents needed | Application, Bank Statements - Business Account - 1 month, Driver's license, Entity documents for LLC, Corp or Trust, Lease Agreements, Purchase Contract, Rent Roll |
| General Pricing or Guideline info | Program Overview •Loan Amount: $250,000 - $50 Million •Term Length: 6 - 36 months •Max LTV: Up to 75% •Amortization: Interest only •Interest Rate: Starting at 7.99% •Closing Time: 7 - 14 Days •Loan Use: Purchase, refinance, cash-out, construction, renovation Commercial Bridge Loan Program A "Commercial Bridge" loan is a short-term loan used to purchase or refinance a property quickly in order to take advantage of a short-term opportunity, accommodate an urgent closing, or bridge the gap until permanent financing is available. A Commercial Bridge Loan is a great fit in the following situations: 1. Unique acquisition situations requiring non-conventional financing such as a foreclosure sale or REO 2. Sale & Leaseback Scenarios needing a quick closing 3. Distressed Sales, IRS Liens, Bankruptcy 4.0 Resolutions, Debt Consolidation 4. Partner Equity Buyouts 5. Mortgage Acquisitions and Discounted Mortgage Buybacks 6. Rehab & Conversion opportunities which require property stabilization before permanent financing can be obtained At Capital Funding Financial, our commercial bridge loans close quickly... in as little as 7-14 days at rates starting at 7.99%! Our commercial bridge loans require no personal income verification and very little documentation instead the underwriting is primarily based on the property itself! Our Commercial Bridge loans are a great way to purchase or refinance a commercial asset which needs a quick closing without the extensive underwriting associated with traditional bank financing. Our commercial bridge loan program provides you with the ability to close quickly by using a reliable & experienced lender as your financing partner. and very little documentation! |
| Updated as of | 2023-11-21 |
Program Overview
•Loans Amount: $250,000 - $50 Million
•Term Length: 6 - 36 months
•Max LTV: Up to 75%
•Amortization: Interest only
•Interest Rate: Starting at 7.99%
•Closing Time: 7 - 14 Days
•Loans Use: Purchase, refinance, cash-out,
construction, renovation
Commercial Bridge Loans Program
A "Commercial Bridge" loan is a short-term loan used to purchase or refinance a property quickly in order to take advantage of a short-term opportunity, accommodate an urgent closing, or bridge the gap until permanent financing is available. A Commercial Bridge Loans is a great fit in the following situations:
1. Unique acquisition situations requiring non-conventional financing such as a foreclosure sale or REO
2. Sale & Leaseback Scenarios needing a quick closing
3. Distressed Sales, IRS Liens, Bankruptcy 4.0 Resolutions, Debt Consolidation
4. Partner Equity Buyouts
5. Mortgage Acquisitions and Discounted Mortgage Buybacks
6. Rehab & Conversion opportunities which require property stabilization before permanent financing can be obtained
At Capital Funding Financial, our commercial bridge loans close quickly... in as little as 7-14 days at rates starting at 7.99%! Our commercial bridge loans require no personal income verification and very little documentation instead the underwriting is primarily based on the property itself! Our Commercial Bridge loans are a great way to purchase or refinance a commercial asset which needs a quick closing without the extensive underwriting associated with traditional bank financing. Our commercial bridge loan program provides you with the ability to close quickly by using a reliable & experienced lender as your financing partner. and very little documentation!
These descriptions are limited information and meant for general reference purposes.
- David DiNatale
Managing Partner
