Private Funding Alternatives for Commercial Short-Term Loans
Many companies find they need a short-term, privately funded alternative to a loan that is secured by real estate, equipment or both. These bridge loans, also known as hard money, are backed by the value of the property, not your credit worthiness. It provides immediate liquidity and then the financing is translates to a more permanent financing source at the end of the term. At Lendero, our unrivaled experience enables us to help you obtain the funding your business needs.
Our network of lenders and private investors provides you with the ability to get money quickly. At Lendero, our financing expertise permits us to offer hard money loans for investment properties, buildings acquisitions and rehabs, emergency cash-out and short-term flip properties. Benefits include speed and funding efficiency, and are primarily asset-based in nature. Other features and highlights include:
- Loan amounts from $250,000 to $10 million
- Closings in a few as seven days
- Commercial property refinancing and acquisitions
- Up to 90 percent loan-to-value
- Bankruptcies and foreclosures OK
- No prepayment penalty
We look primarily to the property as the source of repayment. We understand the unique requirements of the financial industry and can create solutions that best meet your particular requirements.
Contact the Experts Today
For more details on bridge loans, contact the experts at Lendero today. Any one of our skilled professionals will be happy to provide a no-obligation consultation.