Does your company need to act quickly to capitalize on business opportunities, development projects, real-estate acquisitions or has your local bank denied your financing project?

When time is of great importance bridge financing may be the solution to take your company to the next plateau and reach company objectives. Bridge financing can be used for the following, but not limited to:

Bridge loans can be the financial tool for situations not addressed by conventional lenders. Their application process and a final approval for financing may be time consuming, tedious and exhaustive. In many cases, if financing is not secured quickly the window of opportunity to maximize profits may close and company dead lines may not be achieved.

With bridge financing in place you can quickly make real estate acquisitions, take advantage of business opportunities, restructure debt or avoid bankruptcy.

The primary purpose of this type of commercial mortgage loan is to act as a financing bridge between the acquisition / development of a property and a permanent or long term conventional (take-out) loan.

Normally the term "bridge loan" is associated with unconventional programs, i.e. private or hard-money programs and the terms (usually ballons) range from just a few days to as much as 5 years. These loans are based on the current selling price (as is value) of the real estate to be collateralized. Such bridge loans can close with little documentation or paperwork and in as little as two weeks.

Speed is the most popular characteristic associated with this type of transaction so if you need fast closings then this unconventional type of financing is the perfect solution.