Serving one borrower at a time to solve their immediate financial needs, the Bridgesource® team facilitates loans of:
· $1 million to $8 million
· Up to 70% Loan-to-Value
· Senior financing
- Junior financing with appropriate inter-creditor agreement
· Terms of nearly any length
· Fixed annual rates 7% to 10%
- Loan fees 1.0% and 3%,
Secured by any of the following commercial real estate:
- Single- and multi-tenant retail, office, and industrial
- Multi-family residential (at least five units)
- Reverse 1031 replacement properties
- Entitled land
- Long-term leasehold estates
- Projects under construction or renovation
Typically, less than three weeks to underwrite, document, and fund. The quickest loan closing by the Bridgesource® team was one week!
A Bridgesource® loan is right for you if:
· Institutional lenders are too slow, impersonal, or inflexible to meet your immediate need.
· You need a lender to think outside the box.
· The interest rate is not as critical as certainty, speed, or creativity.
· You’re not a fan of bureaucracy.