Our bridge loan terms typically range from three months to three years, include floating interest rates and allow some form of early prepayment.
Borrowers choose this solution until standard financing is secured or while they contemplate a property sale, a change in ownership structure or enhance their tenant roster.
Additionally, a bridge loan can be used opportunistically to execute an operational strategy to position the property more positively for standard financing.
Consistent cash flows, strong operational history and the borrower’s net worth and liquidity are key considerations for this type of financing.