Bridge The Gap: Short-Term Funding for CRE Investors
Commercial Bridge Loans are short-term financing solutions designed to bridge a financial gap for investors. These loans serve as a temporary source of capital, often used to facilitate real estate transactions or provide working capital until a more permanent financing solution is secured. The term “bridge” reflects the loan’s role in bridging the financial divide between a company’s immediate needs and its long-term funding goals.
Bridge Loans for Multifamily Apartments
Benefits of Bridge Financing
Faster Approval and Funding Process: These programs have a faster approval and funding process than traditional loans, which can be helpful if you need the money quickly.
Lower Down Payment Requirements: Bridge loans often have lower down payment requirements than traditional loans, which can make them more accessible to borrowers with limited equity.
More Flexible Repayment Terms: Investors can receive more flexible repayment terms than traditional loans, such as interest-only payments or deferred payments. This can be helpful if you need to conserve cash flow during the bridge loan period.