Bridge Loans
A bridge loan is exactly what it sounds like, it is a loan that takes you from where you are to where you want to go.
Typically a bridge loan is a short term loan (12-24 months) and is one of the more expensive types of financing around.
Bridge financing is most commonly used when a property owner need short term financing to complete a project that will allow for longer term financing to be put in place.
An example would be a land owner that would like to develop a piece of property but does not have the financial resources to get the planing work done or the owner of an apartment that has a high vacancy factor that needs to do some deferred maintenance to boost it.
We offer bridge financing to most borrowers and on most property types.
To get more information regarding our programs and rates please call us toll free at (866)774-5794 or email us at sales@integritycommercial.com
|
