BridgeInvest offers three lending programs designed to meet your financing needs and help you capture market opportunities. In addition to specialty bridge lending, we provide loans for ground-up construction and land acquisition.
Bridge Loans. A bridge loan is defined as a short-term real estate loan that gives the property owner time to complete some task – such as improving the property, finding a new tenant and/or selling the property. The typical commercial property bridge loan has a term of one to two years, although many commercial bridge loan lenders will grant the owner the option to extend his loan for six.
With a focus on commercial bridge loan opportunities between $2 million and $20 million, Bloomfield Capital is a direct lender and capital partner. Specializing in real estate loans for asset types including multi-family, office, hospitality, and other commercial properties, Bloomfield Capital is a direct capital source and a balance sheet lender.
We arrange commercial bridge loans for small business owners, middle market companies, commercial real estate owners, builders, developers and investors seeking competitive short term financing from commercial hard money lenders.
Bridge Loans Lenders Bridge loans typically have a higher interest rate, points (points are essentially fees, 1 point equals 1% of loan amount), and other costs that are amortized over a shorter period, and various fees and other "sweeteners" (such as equity participation by the lender in some loans).
The Steve Miller Band probably wasn’t thinking about short-term commercial estate financing when it recorded the 1976 hit “Fly Like an Eagle” with the famous lyrics “time keeps on slipping, slipping,
Avatar Financial Group Avatar is a direct lender offering $1M – $20M bridge loans for income-producing commercial property. Up to 65% LTV with 3-year terms. lending territory: nationwide. bloomfield capital. Bloomfield Capital is a direct lender on commercial real estate bridge loans from $1M – $10M.
Home Equity Bridge Loan Bridge loans can help borrowers move from one home to the next, but they can be dangerous. A bridge loan usually runs for six-month terms and is secured by the borrower’s old home.
Bridge Loans Structure. Low Monthly Payments: With commercial bridge loans from AVANA, borrowers pay only on the interest of the loan for 12 months – 36 months. This leaves more cash on hand to handle other expenses and enables you to generate profit with your purchase before principal payment is due.
4. Commercial Bridge Loan. A commercial bridge loan is a short-term real estate loan used to a purchase owner-occupied commercial property before refinancing to a long-term mortgage at a later date. Commercial bridge loans are issued by traditional banks and lending institutions and help borrowers compete with all-cash buyers.