Commercial Bridge Loan

Documentation Required

• Draw Schedule
• Ferrous Metal Scan (Tank Sweep)
• Contact of Sale and complete 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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