• Loan Type: Bridge
  • Loan Amount: $2,000,000
  • Term: 2 Years
  • Amortization: Interest Only
  • Recourse: Recourse
  • LTV: 70%

Challenges

The borrower needed a quick closing and surety of execution, so they could purchase the property on schedule.

Solutions

Money360 provided surety of execution and a quick close that gave the borrower the peace of mind that their loan would close on schedule. The borrower received the proceeds needed to purchase the property with attentional funds for tenant improvements.

Bridge Loans

Money360 is a direct lender and can create custom bridge loan solutions to finance transitional or unstabilized properties throughout the United States.

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Permanent Loans

Money 360’s permanent loan program provides flexible, long-term financing at competitive rates and terms for stabilized commercial real estate throughout the United States.

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Why Money360?

  • Money360 is a Direct Lender
  • In-house Credit Approvals
  • Letters of Intent in 2-3 days
  • Funding in 3-5 weeks
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