Bridge loan is a commercial real estate loan that is used as a short term loan while you are waiting on a long term loan, that are used by real estate investors. Most commercial lending companies call these real estate investor loans.It is called a bridge loan because it can bridge the gap between a short term and long term loan.
Fix and Flip loans help with the purchase and rehab of a property. This is a commercial real estate loan that is used to make upgrades, repairs and bring property up to code by real estate investors. Many residential loans will not take a risk on these type properties therefore they fall under the commercial lending category and are know as real estate investor loans.
Our buy and hold products are for those that are looking for long term investments. Real estate investor loans are used for commercial real estate to include single family, multifamily, condos and townhouses. The commercial lending side covers products that are non owner occupied.
New construction commercial real estate loans are put in place to fund the project during construction. This type of real estate loan is offered under the commercial lending category for construction products that are used to build properties from the ground up. This may also be considered a real estate investor loan.
Line of Credit for business owners and investors that are looking to have the funds to run their business daily. The line of credit can be used for commercial real estate, business owner for business equipment and for capital. This commercial lending option has a great advantage over other real estate investor loans.
Business financing and equipment capital are a type of commercial lending product that allows the business owner have their required resources to run their business daily to ensure they can expand and grow. This is a great option for business that may need to update business equipment, have enough daily capital for their day to day operations while they wait on their customers to pay.