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Commercial Bridge Loan, 1 to 2 Year Terms

 Sold by Alpha Funding

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Documentation Required

  • Draw Schedule
  • Ferrous Metal Scan (Tank Sweep)
  • Contact of Sale and full attorney review chain.
  • Corporation Formation Docs
  • Flood Search
  • Corporation Operating Agreement
  • Hazard Insurance
  • Flood Insurance

Loan Requirements

  • Loan term of 1 year to 2 years
  • Loan to value of 60%-65% or less for Commercial Bridge
  • Loan amounts up to $3,000,000 but will consider larger on a case by case basis
  • Experienced team to complete the project
  • Funds to maintain your monthly interest payments
  • Exit strategy
  • An Appraisal completed by an independent appraisal company

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