A “Commercial Bridge” loan is a short-term loan on a commercial property such as multifamily, retail, self-storage, industrial, hospitality, or office in order to take advantage of a short-term or time-sensitive opportunity and “bridge the gap” until permanent financing is put into place. A Commercial Bridge Loan is a great fit in the following situations:
At Capital Funding, our commercial bridge loans close quickly with aggressive rates starting at SOFR + 450! Our commercial bridge loans offer flexibility with less stringent income verification and property condition requirements. Capital Funding’s analysis is predominately focused on the stabilized value, future cash flow, and debt yield.
HOW TO GET A COMMERCIAL BRIDGE LOAN
Secure a commercial bridge loan quickly for your commercial building by utilizing Capital Funding’s fast and reliable approval process.
Capital Funding’s commercial bridge loans empower real estate investors with rapid closings in as little as 17 days from initial deposit financing up to 75% of the property’s value. Capital Funding’s team is ready to assist your next commercial transaction with our commercial bridge loan product tailored specifically towards closing with “speed” and “certainty.”
Industrial is property classification used for manufacturing, production, and storage facilities. At Capital Funding, we will lend to real estate investors looking to purchase or refinance industrial properties with loan amounts of $500,000+.
Mixed-use is a type of development that blends commercial and residential property uses into one integrated complex or building. At Capital Funding, we will lend to real estate project investors in the following scenarios: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out on mixed use projects with loan amounts from $500,000+.
Multi-family properties are a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Capital Funding, we will offer real estate loans to investors looking to purchase or refinance multi-family acquisitions with loan amounts of $500,000+.
Retail is any property used for commercial retail space such as a storefront for selling goods or services or a large retail center. Capital Funding Financial will lend to real estate investors and business owners who are looking for a loan for: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out from $500,000+.
Office is a property classification which generates income from tenants composedof businesses and professionals. Capital Funding will lend to real estate investors and business owners who are looking for a loan for: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out from $500,000+.
Capital Funding will lend to experienced hotel owners or operators with a flag in the hotel and lodging sector. Loan amounts for the hospitality industry are $500,000+.
Loan Application
Copy of Driver’s License & Passport
Personal Financial Statement
Schedule of Real Estate Owned
Bio/Resume
Last Two Months of All Bank Statements
Current Rent Roll
Operating Statements for Last Three Years & YTD
Operating Budget/Proforma for Next 12 Months
Purchase Contract or Payoff & Current Mortgage Statement (if applicable)
Leases
Property Management Agreement
Plan to Stabilize the Property with Timeline and Budget/Costs (if unstabilized)
Planned and Past Capital Improvements
Valuation (to be ordered or provided)
Title & Insurance Contacts
Last 2 Years of Tax Returns & Business Debt Schedule (if available)
Entity Documents – Articles of Organization + Bylaws/Operating Agreement
Organizational Chart
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Partner with a fast and reliable capital provider and close on a commercial bridge loan from Capital Funding.
Purchase Contract or Payoff & Current Mortgage Statement (if applicable)
Leases (if applicable)
Renovation Budget
Plans/Specs
Valuation (to be ordered)
Title & Insurance Contacts
Loan Application
Copy of Driver’s License & Passport
Personal Financial Statement
Schedule of Real Estate Owned
Track Record/Bio
Last Two Months of All Bank Statements
Entity Documents – Articles of Organization + Bylaws/Operating Agreement