Looking For Bridge Loan or Hard Money
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  1. #1

    Looking For Bridge Loan or Hard Money

    Client with an office building worth $3.2MM with a 1st mortgage of $600K seeking $100K in bridge financing to finish installation of air conditioners for building.

    Clients credit scores in lower 600's.


    Leases in place for tenants for June 1st occupancy.



    Let me know what type of rate and terms you can provide for this client.

  2. #2
    Senior Member Reputation points: 68639 Olderguy's Avatar
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    Is it an equipment financing deal or working capital?

    Can you get an invoice?

    I just need a loan app, 4 months bank statements and invoice.
    Steve Benjamin
    Professional Business Loans

    1012 Contessa
    Irvine, CA 92620
    steveprobiz@gmail.com
    https://probizloans.net/
    Broker, Underwriter, general business loan expert
    949.228.1050


    @ 24 hour funding working capital loans
    @ Term loans from 3 years to 10 years at 9.5% and up
    @ Equipment financing up to 7 years
    @ Property loans - Hard Money and traditional - Primary, Investment, commercial, land, fix and flip, construction.
    @ SBA loans - 7A and 504.
    @ Private money equity and debt for major investments
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