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Commercial Bridge Loans and Hard Money
Commercial borrowers often need a bridge loan to facilitate the financing of a property for a short period of time.
A bridge loan (also known as a hard money loan) is a specially designed form of financing that is used when a borrower is expecting to sell a property quickly or refinance it within the near future.
Bridge loans are short term loans that are used until:
- You sell property which you are holding onto for a short period of time.
- You refinance your current loan with a traditional loan.
- Your credit or financial situation improves.
- A property that is under construction is completed.
Principle Commercial offers bridge loans on a variety of commercial property types.
Our experienced Account Executives specialize in bridge loans and realize that a quick closing is essential in these situations.
Do you have questions about bridge loans?
Please Contact Us and an Account Executive will be in touch with you shortly.
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