Financing Secured Through Commercial Real Estate
Circumstances sometimes require a reliable source of financing secured in short order. Commercial Funding Source is pleased to offer bridge and hard money loans to our clients. This financing option is made possible by the strong partnerships that we have maintained with trusted private investment firms. As a result, we can make bridge loans of between $1,000,000 and $100,000,000 available to our clients.
Loan Package Features
A bridge loan is distinguished primarily by the collateral offered by the loan applicant. A parcel of commercial real estate is generally required; we can also accept undeveloped commercial land as collateral.
Other features of the hard money loans made through Commercial Funding include:
- National and international lending area
- Interest only amortization
- LTV of up to 80%
- Variable interest based on value of collateral real estate parcel
- 1%-4% origination fee
- Closing period of between 5 days and 1 month
A hard money loan is not an ideal solution for every business. In many cases, it is the final source of financing considered for the completion of a project. In order to connect you with the best possible financing solution, we encourage clients to contact a Commercial Funding associate for more information.
A Unique Financing Opportunity
Bridge and hard money loans are unavailable from many traditional financial institutions, though Commercial Funding Source has continued to make this option available to our valued clients. Please contact us to learn more about qualifying for this financing opportunity.