Commercial Bridge
Loan Program

Fast & Reliable Funding
for your Most Urgent Financing Needs

Commercial Bridge Loan Program

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!

Program Overview

Loan Amount:$250,000 – $50 Million
Term Length:6 – 36 months
Max LTV:Up to 75%
Amortization:Interest only
Interest Rate:Starting at 7.99%
Closing Time:7 – 14 Days
Loan Use:Purchase, refinance, cash-out,
construction, renovation

Speak to Financial Advisor +1 – 786-863-8686

Pro's About Commercial Bridge Loans:

What Do I Need To Qualify?

  • Simple… Equity in the property!
  • Origination Fee: 1.50% + of the loan amount
  • Processing Fee: Based on Project Size
  • Underwriting Fee: Based on Project Size
  • Prepayment Penalties: None! (3+ months of minimum interest earned)

Is a Commercial Bridge Loan Right For Me?

Need to close fast? You can count on us!

Benefits of our Commercial Bridge Loans:

  • Close in 14 Days
  • Up to 75% LTV
  • No Income Documentation
  • No Occupancy Requirement
  • Low Credit Requirement
  • No Prepayment Penalty

Speak to Financial Advisor +1 – 786-863-8686

Loan Fees and Costs

  • Origination Fee: 1.50% + of the loan amount
  • Processing Fee: Based on Project Size
  • Underwriting Fee: Based on Project Size

Prepayment Penalties

None! (3+ months of minimum interest earned)

Commercial Bridge Loan Program FAQ’s

The following property types are eligible for our commercial bridge loan program:

  • Multifamily
  • Mixed Use
  • Medical Office
  • Office
  • Retail
  • Industrial
  • Gas Stations
  • Agricultural

Our commercial bridge loans feature rates starting at 7.99% interest only. All rates are based on three main factors: Loan to Value (LTV); Sponsor or Guarantor Experience and Creditworthiness; and the overall risk & location of the property.

We have a minimum loan amount of $250,000 and a maximum loan amount up to $50 Million (However exceptions are granted for low LTV properties that exceed or fall below those requirements)

We lend on commercial properties Nationwide except for Minnesota, North Dakota, and South Dakota. We have a strong presence and prefer properties in Florida, Texas, and the Northeast.

600. However, If you fall below we can grant an exception based on the overall project risk.

Yes. We prefer properties to be owned in a SPE (single purpose entity).

The property coverage must equal the lesser of the replacement cost or loan amount with Capital Funding Financial LLC ISAOA/ATIMA added as mortgagee/loss payee. We also require general liability coverage for $1,000,000 per occurrence and $2,000,000 in aggregate. Flood coverage is require for FEMA special flood hazard areas.

An ALTA 2006 form policy covering 100% of the loan amount is required. A closing protection letter and copies of all the underlying title exceptions need to be provided with endorsements: ALTA 9, Access, Environmental 8.1, and the Survey endorsement.

It depends on the asset. For instance, on an office building a public records search will be performed and a Phase 1 will not be required unless environmental issues are uncovered.

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+.

Other eligible properties include: Self storage, senior housing, marinas, parking facilities, automotive
Common uses include: Acquisition, refinance, cash-out, renovation / construction

Required Documents for Closing

  • Purchase Contract
  • Payoff Statement (if Refinance)
  • Rent Roll & Leases 
  • Renovation Budget  (if Rehab)
  • Loan Application 
  • Track Record / Experience / SREO
  • Last Month’s Bank Statement
  • Drivers License and/or Passport
  • Articles of Incorporation
  • Operating Agreement (LLC) or Bylaws (Corp.)
  • EIN Letter

Don’t let financing hold you back from a great Investment opportunity, we will fund your project with one of our many loan options, credit or not!

HARD MONEY & PRIVATE MONEY LOANS PROOF OF FUNDS LETTERS PROVIDED UP-ON REQUEST