Commercial Real Estate Bridge Loans
A bridge loan is mainly based on the value of the property as collateral and typically you can get a loan up to 70 percent of the property value. If you are tight on schedule and looking for a quick loan process with minimum paperwork. Bridge loans are the way to go (almost same as you are purchasing with cash). They have relatively high interest rates and costly fees compared to conventional loans. Bridge loans do serve a purpose to those who need money fast.
Commercial Real Estate Bridge Loans range from $250,000 to millions of dollars. Terms vary but you can have very short terms up to three years with a variety of upfront costs and an interest rate that is typically higher than subprime rates.
Fast Commercial Capital provides private financing for a variety of purposes including
- Return of Equity
- Horizontal Development
- Construction Financing
- Bridge Financing
- Note-Purchases on properties deemed suitable to our investment strategy, namely: Single-Family Residential, Multifamily, Mixed Used, Office, Retail, Self-Storage, Hospitality, Industrial and others.
If you have a commercial financing need, Our company has a program for you. Whether you desire to purchase, refinance, or construct a commercial building, we are your best source for financing.