Bridge Loan
Bridge Loans are designed for a short period of time until permanent financing is in place. These loans “bridge the gap” between times when financing is needed.
| Ideal for borrowers that have time constraints, special financing needs, needed to secure working capital and customized for many different situations. |
| Up to 70% LTV |
| Rates starting at 7.5% – Interest Only |
| 12, 24, 36 month |
| Nationwide (in major markets) |
| Close quickly |
| Must have an “Exit Strategy” |
Property types include: Mixed-Use, Multi-Family, Office, Retail, Warehouse, Lt. Industrial, Self-Storage, Automotive, Restaurant/Bar, and more.
Needed For Submission
| 1. Executive Summary |
| 2. A Complete 1003 and Personal Financial Statement for all Borrowers |
| 3. Current Trimerge Credit Report (within 30 days) |
| 4. Color Pictures of Subject Property |
| 5. Rent Roll |
| 6. Operating Statement (Last 2 Years and Year to Date) |
Don't hesitate to contact us!
Simply put...Commercial Loan Center is "the source" for all your financing needs!
Call (610) 990-6050 to get started or Email us at info@clcllc.net