235 Peachtree St., NE Suite 403 | Atlanta, GA 30303 | 404-301-8633 | chris@commercialprivateequity.com
Commercial Private Equity
  • Facebook
  • Instagram
  • Youtube
  • Home
  • Services
    • Loan Programs
    • Specialized Loans
    • Real Estate Financing
    • Raw Land Loans
    • Private Lending
    • Hard Money Loan
    • Construction Loan
    • Commercial Lending
    • Commercial Hard Money Loan
    • Bridge Loans
    • Bridge Financing
    • Asset Based Loans
  • Apply Now
  • About Us
  • Blog
  • Sitemap
  • Menu Menu
private money lenders can help finance real estate properties

3 Reasons Why You May Need a Bridge Loan

July 17, 2021/in Blog /by Bruce Kent

The US economy is one of the largest economies in the world. One of the reasons why it has reached such massive heights is the ease with which financing is available. Commercial banks up till June 2021 granted loans that reached a value of 15.5 trillion dollars. However, banks are not enough to finance businesses in the US, and the gap is filled by private hard money lenders who provide specialized loans. One kind of specialized loan is a bridge loan that uses your assets as collateral for the loan. Here are three reasons why you may need it.

A Bridge to Shift to Another Property

Bridge loans can be useful for you if you want to buy a property before selling your existing one. The competitiveness of the real estate industry calls for such measures as every opportunity to buy a property needs to be grabbed to beat competitors. Bridge loans can act as a bridge until your current property is sold off after which you can repay the loan.

Facilitates Auction Buying

Auctions can be a way for you to buy hidden gems that are often missed out in general transactions. However, you can only buy in an auction if you have the cash in hand. Usually, a down payment is required right after the auction, and the remaining payment needs to be done in a short time frame, depending upon the amount. Bridge loans can be a way for you to acquire financing to complete any auction deal.

Assistance in Obtaining Short-Term Financing

There are instances when there’s a great deal on a property, and you may not have the finances to buy it. In these circumstances, you’ll want to exchange your existing properties for the deal. Bridge loans are a way to use your properties for financing. Unlike bank applications that require you to show your income, credit scores, and other details, bridge loans are a way of obtaining quick financing as the only requirement you need to fulfill is to have valuable property.

One-dollar bills

Acquire Bridge Loans Now!

If you’re looking to get bridge loans, Commercial Private Equity is the company to visit. We have been working as a private hard money lender in this industry for over 75 years. We provide efficient bridge loan deals for you to acquire any property you like with ease.

We also offer other specialized loans, including construction hard money loans, commercial hard money loans, raw land loans, workout loans. We also have a loan program with three levels that provide you with different interest rates and terms.

Contact us now for more information.

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share on Tumblr
  • Share on Vk
  • Share on Reddit
  • Share by Mail
https://commercialprivateequity.com/wp-content/uploads/private-money-lenders-can-help-finance-real-estate-properties.jpg 469 624 Bruce Kent https://commercialprivateequity.com/wp-content/uploads/Commercial-Private-Equity-Logo-2.png Bruce Kent2021-07-17 06:10:192021-07-16 06:14:343 Reasons Why You May Need a Bridge Loan

Pages

  • About Us
  • Apply Here
  • Apply Now
  • Asset Based Loans
  • Blog
  • Bridge Financing
  • Bridge Loans
  • Commercial Hard Money Loan
  • Commercial Lending
  • Construction Loan
  • Hard Money Loan
  • Home
  • Loan Programs
  • Privacy Policy
  • Private Lending
  • Raw Land Loans
  • Real Estate Financing
  • Sitemap
  • Specialized Loans
  • Thankyou

Categories

  • Blog
  • Uncategorized

Archive

  • October 2023
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021

Call Now! Doesn’t it make sense to contact us today to see if we can help?

Click to Call 404-301-8633

“We say YES when banks say NO.”

© COMMERCIAL PRIVATE EQUITY, all rights reserved. | Website by Madison Studios  
  • Facebook
  • Instagram
  • Youtube
  • Privacy Policy
3 Things You Need to Consider Before Choosing a Private Hard Money Lender An individual thinking about which lender to select sitting in front of his computer Housing Loan is written using scrabble game tiles 3 Benefits of Taking a Bridge Loan
Scroll to top