Bridge Loan For Special Purpose Property
- Loan Type:
- Bridge Loan
- Loan Amount:
- Loan Term:
- 2 YR
- Interest Only
• This repeat borrower needed funds to rehab and stabilize a property he was purchasing.
• Floating-rate bridge loan with a repeat broker in need of a flexible loan structure.
• Money360 provided funding with a flexible loan structure to be used for tenant improvement and capital expenditures. This allowed the borrower to achieve their business plan to rehab and stabilize the property.
• This was a repeat borrower with a similar product to finance and they thought of Money360 due to the surety of execution.
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