Top Bar
Small Business SBA
Hard Money Bridge Financing
Property/Business Types - Commercial real estate properties, excluding gas stations and fast food. Properties include income producing and those in transition, rehabilitation and raw land -- all with good exit/repayment strategies.
  • Loan Size
    • $1 Million to $50 Million
  • Loan to Values
    • Income Producing
      • - up to 75% LTV
    • Transitional
      • - up to 85% LTV for Refinances
      • - up to 90% Loan to Cost
    • Land
      • - up to 55% LTV
  • Interest Rates
    • Hard Money
      • - 400 to 700 over 6 mo. LIBOR
      • - 9% to 13%
    • Transitional
      • - 200 to 400 over 6 mo. LIBOR
      • - 8.5% to 11.5%
  • Maximum Term
    • 18 to 36 months
  • Amortization
    • Interest Only
  • Lender Fees
    • 5% to 7%
  • Closing Timing
    • 10 to 20 days depending on information

Security and Guarantees - The loan will have a first mortgage position on the real estate. Financial sponsorship (the borrower) must be strong, have experience and provide personal guarantees for the loan. Exit/repayment strategy is crucial for hard money, bridge and transitional financing.

Interest Impound - Typically, 6 months of interest is impounded into the loan at closing, so that no out-of-pocket interest payments are necessary for the first six months.

Rates and Terms - The rates and terms shown here will vary, depending on risk, including, but not limited to, those areas relating to the property, borrower, timing and exit strategy.