Commercial Bridge Loan Lenders
At Lending Bee, we understand that businesses sometimes need access to capital quickly. That’s why we offer commercial bridge loans.
Commercial bridge loans are interim financing products used to “bridge the gap” between a current need for funding and a more permanent financing solution. Commercial bridge loans are typically short-term loans (i.e. they have a maturity date of one year or less) and they come with higher interest rates than traditional bank loans. However, they can provide much-needed capital in a time-sensitive situation.
Whether you’re waiting for a real estate transaction to close or you need to make a large purchase before your next round of funding comes through, a commercial bridge loan from Lending Bee can help.
Benefits Of Commercial Bridge Loan Lenders
Commercial bridge loans are a type of short-term financing used to fund the purchase of commercial real estate. They are used by investors who are unable to obtain traditional financing and need to close on a property quickly.
While bridge loans come with a higher interest rate than conventional loans, they offer a number of benefits.
Unlike traditional loans, which have fixed terms and payments, bridge loans offer more flexibility. Terms can be tailored to the borrower’s unique circumstances, and payments can be structured in a way that meets the borrower’s needs. This flexibility makes bridge loans an attractive option for everyone who needs quick access to capital.
Bridge loans can be approved and funded in a matter of days, which is ideal for investors who need to close on a property quickly. As a result, borrowers can take advantage of time-sensitive opportunities. For example, if a business has a chance to purchase a new building at a discounted price, but does not have the cash on hand, a bridge loan can be a solution.
3. Business growth support
Bridge loans can be used to tide a business over during a period of financial difficulty. If a business is struggling to meet its monthly expenses, a bridge loan can provide the funds needed to keep the business afloat until it can get back on its feet.
4. No Prepayment Penalty
There is no prepayment penalty associated with bridge loans, so borrowers can pay off the loan early if they choose.
Most bridge loans are non-recourse, meaning that the borrower is not personally liable for the loan if the property is sold at a loss.
Why You Should Choose Lending Bee Inc
Lending Bee is a commercial bridge loan lender believing in transparency. We offer flexible terms and competitive rates, and our team is committed to providing fast, efficient service. Here is why you should work with Lending Bee:
- We guarantee competitive rates and the best customer experience
- Quick funding in just 5-7 days and up to $25mil.
- No hidden fees.
- We have over 20 years of experience in hard money lending, our own professional underwriting, and a processing department.
- We value your investing experience as the number one priority!
At Lending Bee, we know that every customer has unique needs, and that’s why we offer a variety of loan options for both investment properties and commercial spaces. Our team of loan officers will help you find the right loan for your business goals. So if you’re looking for a flexible, customized solution, you’ve come to the right place.
We work with all types of property for any business needs:
- Office buildings
- Cannabis warehouses
- Hotels and motels
- Industrial buildings
- Restaurants, and more
Contact us today to learn more about our commercial bridge loans and how they can help your business.
About Lending Bee
Lending Bee is one of the leading commercial bridge lenders offering bridge loans of up to $25 million with terms of up to 18 months. We offer flexible repayment options and our experienced team will work with you to tailor a loan that meets your specific needs. Contact us today to learn more about our commercial bridge loan program.
- 24-hour pre-approval
- Support at every step
- Closing in 5-7 days
- Loan amount: Up to $25M
- LTV Ratio: Up to 75%
- Commercial and residential property
- Purchase, Refinance, Cash Out
- $0 prepayment penalty option available
- For real estate investors in California
Are bridge loans a good form of financing for commercial real estate?
There are several reasons why bridge loans can be a good form of financing for commercial real estate.
- First, bridge loans can be approved quickly, which is important when you are trying to close on a property fast.
- Second, such financing can be tailored to the specific needs of a borrower. For example, some bridge loans may have interest-only payments for the first year, which can help to lower the monthly payments.
- Finally, bridge loans are relatively easy to obtain. Because they are backed by the property being purchased, lenders are willing to provide financing with less documentation than for other types of loans.
Bridge loans can be a good form of financing for commercial real estate. However, it is important to remember that they are still a high-risk form of financing and should only be used if the borrower is confident that they will be able to secure permanent financing within a short time period.
What are common types of bridge loans?
There are a variety of bridge loans for different needs. The most common type of bridge loan is a swing loan, which can be used to purchase a new home before selling your old one. This gives you the flexibility to move without having to wait for your old home to sell.
Also, there is a construction loan, which can be used to finance the construction of a new home. These loans are typically shorter in term and usually have higher interest rates.
Bridge loans can also be used for other purposes, such as funding a business expansion or consolidation. Whatever your needs, there is a bridge loan that can meet them.
What should I look for in a bridge loan?
When seeking a commercial bridge loan, it is important to consider various factors in order to find the best loan for your needs. Interest rates, loan amounts, approval and closing timelines, terms, fees, lender reputations, and prepayment incentives are all important factors to consider.
Bridge loans offer a number of key benefits for borrowers looking to purchase commercial real estate. They are fast, flexible, and relatively affordable, making them an attractive option for investors who need to close on a property quickly.
Lending Bee is a reputable commercial real estate bridge loan lender that provides high-quality bridge loans with time-effective terms and favorable conditions. When comparing lending options, be sure to contact us for a free consultation to make the best decision for your business.
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