bot BLC - Short-Term Interest Only Bridge Loans

Fast and flexible discretionary lending

Fast and flexible discretionary lending

Short-Term Bridge Loans

Short-Term Bridge Loans

No Application Fee | Quick Approvals | Fast Closings | Nationwide

Our Bridge Lending Program is a short term financing solution offered when permanent loans are not an option, or not the best option. Typically our Bridge Loans are 12 to 36 months and serve to provide a short term solution to borrowers who are in a time crunch on an acquisition, or are facing a balloon payment maturity. Additionally, our short term Bridge Loan program can provide assistance to sophisticated borrowers that would be better served taking a short term step back from traditional financing to better position their property or business with the goal of securing even better long term financing in the future, than they would qualify for now. Business Loan Capital’s Bridge Loan program provides countless solutions for many borrowers and under numerous scenarios but always provides one result ... taking the borrower from one place to a better place.

Maximum Loan Amount

  • 1st TD up to $20,000,000

Maturity and Amortization

  • Up to 36 Months / Interest Only

Maximum LTV

  • Up to 75%

Eligible Use of Proceeds

  • Purchase, Refinance, Cash-Out Refinance of Commercial Real Estate

Eligible Use of Property

  • Owner Occupied, Investor, and Multi-Family (4 units and above)

Eligible Property Types

  • Multi-Use: Warehouse, Office, Industrial, Medical, Flex, Auto Body, Office Condo, Retail, Restaurant
  • Special Use: Gas Stations, Mini Storage, Cold Storage, Funeral Home, Bowling Alley, Urgent Care, Surgery Center, Auto Repair, Car Dealership, Wineries, Assisted Living Facilities and Hospitality on a case by case basis

Rate Option / Fees

  • 1st Deed of Trust/Mortgage – Fixed and Adjustable Rates available
  • Loan Fees – Lender will typically charge a minimum of a 1% Loan Fee

Guarantees

  • Recourse and Non-Recourse Available

Underwriting Requirements

  • No Minimum FICO
  • START UP AND NON CASH FLOWING PROPERTIES CONSIDERED!