Bridge Loans (not available in all states)
Bridge Loans are working capital loans of up to $250,000.00. Bridge Loans are ideal for clients who need the capital for a shorter period and expect to pay the loan off in a fairly brief period.
1. Loan is amortized over 10 years
2. Monthly Payments
3. 1st Payment due AFTER 30 days
4. No Prepayment Penalty
5. Early Payoff is encouraged.
6. Credits accepted as low as 500 Fico Scores.
Limited documentation needed.
1. Last two month bank statements
2. Application completed over the phone
3. Up to $100,000.00 available next business day
4. $100,000.00 to $250,000.00 available within 3 business days
Length of Terms Available 3 - 5 Years
$25,000.00 - $2,000,000.00
Can be used for any business need including, but not limited to, refinancing, expansion or acquisitions. Funding in as little as one week
Rates as low as 5.99%* for fixed term loans. Loan is amortized over 3-5 years for a affordable payment. Shorter the term the better your rate!
No Prepayment Penalties.
In order to qualify, each borrower and company must meet the following criteria:
Personal Credit Score must be a minimum of 650
Very Flexible credit terms
No Criminal History
Minimum Annual Sales of $250,000.00
No Open or Pending Foreclosures or Short Sales