Email: [email protected] | Phone: 914-769-6900
Apply Today

Bridge Loans

Speed: Get a bridge loan in as little as 24 hours.

Credit: Loans are asset-based, not credit-based

Growth: Grow your portfolio fast

Learn More

Bridge Loans

Lending Overview

Bridge loans are an asset based loan for businesses purchasing a new property. They are short term loans to bridge cash flow, whether that is from acquiring a new property and awaiting cash flow to cover new permanent financing, or a scenario in which a business is moving from one location to another, and planning to sell their current property.

In the latter instance, the bridge loan allows the business to move with as little disruption as possible, building out and launching the new location before closing out and selling the current property.

Multifamily, office, and retail property investors can use bridge loans to expand their holdings. The bridge covers the purchase price, and addresses the gap between acquiring, upgrading or styling the space, and securing any additional tenants necessary to meet DSCR criteria for a permanent loan.

Alliance Enterprises

How to Effectively Apply Funds

There are several ways bridge loans can effectively benefit your business. They’re especially useful when time is a factor. Since they can be approved quickly, private money loans help you close on real estate much faster than with a conventional mortgage. Professional rehabbers such as fix-and-flip developers like bridge loans because they make cash offers possible, securing real estate fast in competitive markets and can also provide funding for property improvement. Bridge loans also help business owners moving from one location to another because they remove the need to take on two commercial mortgages at the same time.

Real Estate

Make your next real estate deal stand out with a cash offer when you utilize a private money loan. Approvals are quick and easy. Loans depend on the value of the property, not on your credit score. Ask your broker how a hard money loan can help you grow your investment portfolio fast.
Read More

acquisitions

Move quickly on in-demand properties in fast-moving markets. With conventional financing taking a minimum of 45 days to close, properties can get snapped up before you have time to close. Secure your ideal property in a matter of days, then refinance once your location is generating cash flow.
Read More

Refinance

When interest rates are high, but decreases in rates are on the horizon, many investors choose a short-term bridge loan to wait out better fixed rates. A bridge can also facilitate property upgrades that will result in premium lease terms, increasing an owner’s revenue following redevelopment.
Read More

Learn More

FAQ’s

We believe that the more you know, the better the decisions you make. And in the financing world, better decisions mean lower rates, better terms, and increased profitability.

These FAQs are only the start. Our team is here to answer all of your questions and support you in finding the best financing solution for your unique scenario.

Q. What are the risks of bridge loans?
Bridge loans generally extend from one to three years. That means you’ll need to plan ahead to refinance. Typically, you’ll pay only interest on the loan until the term has ended. Then, you’ll be required to pay the balance in full. If you are unable to meet DSCR or other permanent loan terms at your refinance date, owners can find themselves seeking additional bridge financing or choose to sell the property.
Q. Will bridge loans affect my credit?
Bridge lenders don’t report to personal credit bureaus, which means that getting a bridge loan won’t hurt your personal credit. However, these loans will show up on background and asset searches. If your business defaults on the loan and the lender turns to a collection agency, the loan will become a part of your credit history.
Q. Is a bridge loan tax deductible?
You may be able to deduct interest payments on the loan as a business expense. However, it’s best to consult with a tax professional to find out exactly what you can deduct.
Get In Touch

Get Funded

The funding process starts with a short 3 minute online application. Our team will then review your needs and quickly provide you with a custom funding proposal that targets your desired financing types, rates, and terms.