Commercial Bridge Loans

Commercial bridge loans are a type of short-term financing option used by businesses to bridge a funding gap while waiting for larger or longer-term financing to be arranged.

Like regular bridge loans they typically have a term of 2 weeks to 18 months. A commercial bridge loans is an excellent option for a business looking to take advantage of time-sensitive opportunities or manage cash flow during a transitional period.

With our competitive rates and flexible terms, we can help your business access the capital you may need.  

Below is an example of terms and costs:

Standard Fix & Flip Loan Terms 

  • Max Loan Amount: $10,000,000

  • Max LTC/ARV (Loan to Cost / Loan to After Completed Value): 

  • Experienced Investors: The Lesser of 80% LTC or 70% ARV. 

  • Inexperienced Investors: The Lesser of 65% LTC or 55% ARV. 

  • Rate: Starting at 10.5%

  • Term: 12-24 months 

  • Payments: Monthly Interest Payments with 

  • Balloon at Maturity 

  • Prepayment penalty: None 

Costs: 

  • Origination Fee: 1-2% 

  • Underwriting Fee: $1,500 

  • Feasibility and Contractors Report: $1,200 

  • Draw Fee (for future draws on the loan): $400 

  • Legal: $750 – $1,500 

  • Appraisal Fee: $500-$950 

  • Title Insurance and recording fees: 1% (Approximate)

Property Types: 

  • Condominiums. 

  • Single-family residences. 

  • Two to four units. 

  • Multifamily homes. 

  • Townhouses. 

  • Other property types on a case-by-case basis.  

Requirements: 

  • Credit Application 

  • Last 2 bank statements (US bank account) 

  • Copy of ID and Borrowing Entity docs 

  • Purchase Contract (If Purchase) 

  • Project budget/ Scope of work 

  • Approved plans (If applicable) 

  • Track Record Sheet 

  • Contractors’ information 

  • Property Insurance  

Closing Time: 

  • The Usual Time to Close is  20-30 days. 

Because we are a private lender, we can normally secure a loan in a quicker period of time.

As with most loans, once the title work and appraisals are finished, your loan should be ready to close. 

Ready to pre-qualify?

Click here and one of our loan facilitators will get back to you within 48 hours.