Commercial Bridge Loans
For the past 18 months, many commercial projects have had to put their development on hold for lack of being able to secure the development loan. Many of these developments are in need of a short term loan to get them by until the permanent financing is in place.
International Financing Solutions has associations with numerous Bridge Lenders who are aggressively closing loans. The financing terms are very similar between the Bridge Lenders but each one has a special niche which they prefer to lend on. Some of these lenders prefer income producing properties, some like pre-construction projects, while others prefer projects (loans) which are located outside the United States. Whatever your funding needs may be, we have a funder who can close your loan and finance your project.
Some of the typical terms for our Bridge Loans are:
- Loan Terms from 12 months to 36 months
- Up to 65%LTV based on current “As-Is” values
- Interest Rates between 12% & 16%
- Closing time in as little as 30 days
- Interest Reserves can be built into the loan
Our preferred Bridge Lender does not require a recent appraisal and typically closes the loans within 30 days.
If your business is have a cash-flow shortage due to the current economic conditions, our bridge lenders can provide funds to get you and your company through this downturn in the economy until greener times come back.
Contact us to discuss your funding needs and we can secure a viable solution for you and your company.
To learn more about additional financing programs, please visit our website
Terms and conditions of any loan program are subject to change at any time without notice. Please call or send us an email for the latest terms & conditions on the project you are looking to finance.