As a business owner, you are aware that there are instances in which you want quick access to funding to address unforeseen challenges or seize unexpected opportunities. Commercial bridge loans can provide quick access to the capital you need to keep your company operating efficiently while you seek a longer-term funding source.
As a business owner, you are aware that there are instances in which you want quick access to funding to address unforeseen challenges or seize unexpected opportunities. Commercial bridge loans can provide quick access to the capital you need to keep your company operating efficiently while you seek a longer-term funding source.
As a private lender, Enact Partners provides streamlined access to commercial real estate bridge loans for real estate investors, builders, and developers. For qualified borrowers, Enact Partners can often approve bridge loans within 7 to 45 days, allowing businesses to promptly address cash flow and other issues.
As their name suggests, bridge loans offer entrepreneurs and businesses flexibility to “bridge” the gap between immediate financial needs and securing longer-term financing solutions.
What Are the Characteristics of Commercial Real estate Bridge Loans?
- Short Terms: Bridge loans are perfect for meeting urgent financial demands while seeking longer-term solutions. Repayment terms are generally less than 12 months.
- Fast Approval: Bridge loans available through private lenders typically have a shorter approval processes compared to banks due to less red tape and greater access to decision makers.
- Interest Rates: Bridge loans and other loans available from private lenders tend to have higher interest rates may be greater than long-term loans.
How Commercial Bridge Loans Can Fuel Growth
Success in fast-paced commercial real estate markets often requires access to quick and flexible financing solutions. Bridge loans can act as the catalyst for future growth and are often the difference between being able to seize a lucrative venture and missing out. Whether a business wants to expand, acquire, or navigate unexpected challenges, having the financial backing of a bridge loan to pursue any or all of these initiatives is often critical for capitalizing on emerging opportunities.
One of the remarkable aspects of commercial bridge loans is their versatility. With decades of collective experience in commercial real estate lending and development, Enact Partners understands that businesses have diverse needs. Our bridge loans are designed to provide financial flexibility so businesses can thrive, whether initiating a new project, acquiring property, expanding capacity, or covering operational expenses.
Bridge loans are also designed to position borrowers so they can seamlessly transition to longer-term, more permanent financing solutions, such as traditional bank loans or venture capital.
Enact Partners recognizes that every business is unique, so we tailor our bridge loans to meet the specific requirements of borrowers. This can include items such as loan purpose, repayment time frame, specific terms, and even collateral requirements. Our goal is for the financial arrangement to align with the goals and capabilities of the borrower’s business.
Enact Partners prides itself on providing real estate investors, business owners, and entrepreneurs with easy access and open lines of communication with our lending decision makers. As a result, borrowers can confidently engage in lending relationships with us, knowing that we have the experience and expertise they need to offer lending terms and capital solutions designed to position them for success.
Our goal is to collaborates with borrowers as lending partners by structuring bridge loans to align with their growth objectives. By offering financial support precisely when needed, we become a strategic partner for commercial real estate borrowers.
How Enact Partners Can Help
Bridge loans offered by Enact Partners provide a strategic tool that can help boost business growth and sustainability. By providing streamlined access to capital, versatility in usage, and transparency in communication, Enact Partners becomes a reliable ally for businesses and investors, compared to banks and other traditional lenders who often have an adversarial relationship with commercial real estate borrowers.
Contact us about your commercial bridge loan borrowing needs:
(760) 516-7776 | [email protected] | www.enactpartners.com
