Our bridge loan program is primarily focused on borrowers seeking to refinance existing bank loans or finance the acquisition of existing notes/assets on a discounted basis, although any viable business plan in need of financing will be reviewed.
Now reviewing opportunities throughout all dynamic markets in the Southeastern United States and Texas
Maximum loan limits increased to $7,000,000 for most transactions, with limits up to $10,000,000 for select opportunities and borrowers
LTV ranging from 50-70% of current market value
Loan terms of up to 18 months (24 months with extensions) with open prepayment subject to minimum returns
Loans available for acquisition (both assets and notes), repositioning, refinancing and equity recapitalization - virtually all business plans except construction
Loans available on all commercial property types including, but not limited to, land, condominium inventory and hospitality
We can work with creative structures to facilitate the transaction
All loans are 100% cash with closings within 30 days of receipt of an executed term sheet and can be funded in as little as 10 days if necessary. Call Jay at 941-388-0588.