The Funding You Need, When You Need It
For projects that need to be completed in stages, it can be challenging to get secure the financing needed all at once. Many times, there are gaps left while larger funds are still in the pipeline. Unfortunately, this means entrepreneurs have to hold off on taking action, or readjust time lines across the board. To ameliorate this, Express Capital Financing offers bridge loan solutions to keep projects on track. We provide bridge financing to entrepreneurs across the country.
Filling In The Gaps With Bridge Loans
Express Capital Financing is an active lender in commercial real estate, providing bridge capital for small and medium balance transactions.
Uses of proceeds include:
- Quick close transactions
- DPO financing
- Debt refinancing and restructuring
- Partner buyouts
- Repositioning of transition assets requiring some renovation and TI/LC funds
Our bridge loans are tailored to meet your specific needs, and offer such features as:
- Loan amounts between $1M and $100M
- Nationwide Lender
- Origination fee starting at 1 percent
- Interest only amortization
- Time of essence issues
- Partnership Buyouts
- Distressed or Transitional borrowers (credit or liquidity issues, bankruptcy)
- Bridge the seasoning gap for agency or CMBS takeouts
- Terms up to 80 LTV
Interest rates on our bridge loans are structures around the value of the property used as collateral.
Rates & Terms
|Loan Type||Senior first mortgage loans only|
|Loan Amount||$1,000,000 to $15,000,000|
|Maximum Term||Up to 2 Years|
|Interest Rate||8-12% Fixed|
|Loan to Cost||Up to 75%|
|Stabilized Target Loan to Value||
|Interest Rates||Starting at 7.99%|
|Property Types||Multifamily, Retail, Mixed Used, Office Buildings, Industrial and Warehouse, Self-storage, Skilled and assisted living, flagged hotels and motels, strip centers|
|Minimum Credit Score||500 or higher|
Get A Bridge Loan From Express Capital Financing
Keep your projects on track with the professionals at Express Capital Financing. Contact our team today at 718-285-0806 to discuss your financial needs, and put us to work for you to help you reach your goals.