Bridge loans for commercial Real Estate

A “Commercial Bridge” loan is a short-term loan used to purchase or refinance a property quickly in order to take advantage of a short-term opportunity, accommodate an urgent closing, or bridge the gap until permanent financing is available.  A Commercial Bridge Loan is a great fit in the following situations:

1.Unique acquisition situations requiring non-conventional financing such as a foreclosure

sale or REO

2. Sale & Leaseback Scenarios needing a quick closing

3. Distressed Sales, IRS Liens, Bankruptcy Resolutions, Debt Consolidation

4.Partner Equity Buyouts

5. Mortgage Acquisitions and Discounted Mortgage Buybacks

6. Rehab & Conversion opportunities which require property stabilization before permanent financing can be obtained

At Loan Workout Group, our commercial bridge loans close quickly… in as little as 7-14 days at rates starting at 7.99%! Our commercial bridge loans require no personal income verification and very little documentation instead the underwriting is primarily based on the property itself! Our Commercial Bridge loans are a great way to purchase or refinance a commercial asset which needs a quick closing without the extensive underwriting associated with traditional bank financing. Our commercial bridge loan program provides you with the ability to close quickly by using a reliable & experienced lender as your financing partner. and very little documentation! Bridge loans for commercial Real Estate

Eligible Properties for Commercial Bridge Loans

Industrial

Industrial is property classification used for manufacturing, production, and storage facilities. At Loan Workout Group, we will lend to real estate investors looking to purchase or refinance industrial properties with loan amounts of $250,000+.

Retail

Retail is any property used for commercial retail space such as a storefront for selling goods or services. Loan Workout Group will lend to real estate investors and business owners who are looking for a loan for: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out from $250,000+.

Multi Family

Multi-family is a classification of housing where multiple units (5+) for residential use are contained within one or more buildings within one community or complex. At Loan Workout Group, we will lend to real estate investors looking to purchase or refinance multi-family properties with loan amounts of $250,000+.

Office

Office is a property classification which generates income from tenants comprised of businesses and professionals. Loan Workout Group will lend to real estate investors and business owners who are looking for a loan for: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out from $250,000+.

Mixed Use

Mixed-use is a type of development that blends residential and commercial uses into one integrated complex or building. At Loan Workout Group , we will lend to real estate investors in the following scenarios: purchase, refinance, bridge to stabilization, bridge to sale, or bridge to construction take out on mixed use projects with loan amounts from $250,000+.

Hospitality

Loan Workout Group will lend to experienced operators with a flag in the hotel and lodging sector. Loan amounts are $500,000+.