Are you looking for a bridge loan that exactly suits your requirement?
You are exactly in the right place because Clopton Capital offers the most competitive commercial bridge loan options in the country.
Our team of experts is committed to providing you with the best-fit solutions to fund your property.
Commercial bridge loans are unique financing options that allow buyers to take advantage of immediate opportunities, designed to bridge the gap between that short-term loan need and more long-term financing down the road.
Technically, the terms of a bridge loan aren’t by definition distinct from other loans — it’s the way the loan is used that makes it a commercial bridge loan, also known as bridge financing, swing financing, or gap financing. If a loan is used to immediately purchase or renovate a property while in the process of arranging funding that’s more long term, then it’s functioning as a bridge loan.
Commercial bridge loans allow investors to either purchase a property or invest in improving it while still awaiting final approval on long-term financing. As a result, bridge loans are expected to be relatively short when it comes to their terms — between a few months to a year or so.
Bridge loans are fast to fund, which means that you can get the money you need quickly to make a purchase or invest in a short-term opportunity with a short-term loan or short-term financing.
In real estate, commercial bridge loans usually allow investors to purchase a new property, renovate an existing property, or get started on other related real estate projects while they await more permanent financing solutions. In real estate especially, opportunities come and go quickly — so it can sometimes be important to jump on a chance quickly. Bridge loans allow for exactly that type of action.
In commercial real estate, bridge loans help investors ‘bridge the gap’ between their current financial situation and a long-term loan for a property or project. They allow for fast funding to help commercial real estate investors get a project underway, even if their long-term financing approval is taking a bit more time.
Commercial real estate bridge loans are used to quickly fund projects that can range from a new property purchase to an investment in an existing property. Their primary purpose is to provide quick funding, and as such they offer short terms and sometimes relatively high interest rates — but those costs don’t add up the way they would over a long-term loan because the terms are so short.
Commercial mortgage bridge loans are used to purchase a commercial property immediately, even if a long-term financing solution isn’t quite ready yet. The commercial mortgage bridge loan will then be paid off in a short period of time, usually using the funds from the full, long-term commercial mortgage loan with terms of 15 or 30 years or so.
Businesses use bridge loans for commercial real estate for a range of reasons, but generally they’re always a means of obtaining an investment now before the opportunity is missed. If you wait around for long-term financing to be approved and funded, an investment opportunity may already be gone. That’s what makes commercial bridge loans and residential bridge loans for businesses so valuable.
The best commercial bridge loans offer beneficial repayment terms, relatively low interest rates, and the flexibility to pay off the loan before its maturity date if loan funds from another lender become available. They should also provide fast approval and funding — after all, that’s the entire purpose of obtaining a bridge loan in the first place. Depending on the purchase, best experience providers can be key for attracting customers, and bridge loans can help.
Wondering whether you should seek a commercial bridge loan? Commercial bridge loans are also for businesses that want business credit because they are simply eager to get started or want to be opening their business sooner — they’re designed specifically for opportunities that may be missed during the wait for traditional funding.
If you have questions about whether a commercial bridge loan is right for your business, contact our team at Clopton Capital today. We’ll be happy to answer any and all of your questions.
Commercial bridge loans work by offering interest-only loans with short terms designed to get you from point A, your real estate opportunity, to point B, a long-term loan that will provide a mortgage for the property going into the future. Otherwise, their structure and terms are relatively similar to traditional loans.
Wondering what kind of typical bridge loan terms you can expect? Here are the most common terms you can expect in a typical bridge loan.
Wondering about bridge loan rates? Rates are always changing with the market, so contact one of our Clopton Capital real estate and commercial bridge loan specialists to discuss current rates and what you can expect based on your credit worthiness and collateral. We also offer online services and fast rate responsiveness to make the process as streamlined as possible.
Commercial bridge loans are an essential part of commercial real estate investing, allowing investors to make purchases that they may have missed out on if they had to wait for traditional financing. As a result, bridge loans are a highly sought after aspect of investing and can help investors capitalize on opportunities without having to watch them slip by.
Interested in investing in commercial bridge loans yourself? We’d be happy to speak with you about what a career in commercial lending looks like, and how we’re able to sustain such success here at Clopton Capital. Simply contact us and we’ll be happy to answer your questions.
Some of the top bridge loan lenders are as follows, though there are plenty of other institutions also offering commercial bridge loans. You may also have luck with Freddie Mac or Fannie Mae.
Our client needed financing fast. They needed to clear an $8 million maturing commercial property loan for a retail center, and the center had a large space that was on a rolling lease. The lease term couldn’t be extended prior to the loan maturing. Due to this complex situation, the client was unable to secure a permanent loan and finance his LLC-held investment.
Our mortgage brokers arranged a 24-month, non-recourse, interest-only commercial bridge loan that allowed the client to complete the lease roll for his problem area and stabilize the property until the client could qualify for a permanent loan.
Our client was looking for an acquisition and rehab bridge loan (interest only with non-recourse) for an apartment building deal. The client wanted enough time to stabilize the property and apply for a permanent loan. Our mortgage brokers were able to arrange a 24-month, $5.5 million non-recourse commercial bridge loan. As a result, the client was able to achieve 75% of stabilized value in acquisition and rehab dollars. They were then able to meet their partnership objectives more quickly.
Commercial mortgage refinance is a process by which the interest rate on a commercial loan is reduced. Contact Us – 866-647-1650
A bridge loan is any loan designed to provide fast funding for a purchase, renovation, or other investment while an investor waits for long-term financing. It gets money in your bank account quickly, without you having to use credit cards.
Bridge loan financing can be used for multifamily, office, retail, hotel, motel, self-storage, and many other types of real estate purchases.
A commercial bridge in personal finance is simply another name for a bridge loan, and is used in the same way — bridging the gap until you can acquire long-term financing.
Commercial bridge loans work by offering interest-only loans with short terms designed to get you from point A, your real estate opportunity, to point B, a long-term loan.
We typically deal in bridge loan amounts ranging from $ 1 million and go up from there. Yes, it is possible to do a larger amount with us.
We provide a bridge loan to all property types like Multifamily, Office, Retail, Industries, Hotel.
We are typically able to get up to 80% of the as-is value and up to 85% of the cost. Leverage will vary depending on the strength of the deal and property type.
Our capital sources offer fixed and floating rate bridge loan rates, most often rates are quoted over Libor.
Interest-only payments are standard in bridge lending.
Our lenders offer short-term financing up to 60 months with extensions, however, most commercial bridge loans will be for much shorter periods.
Most of our loans will be non-recourse, however, some loans may require elements of recourse due to additional risks involved.
Commercial Bridge loans are flexible financing structures that can handle virtually any lending scenario.
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