• Loan Type: Bridge
  • Loan Amount: $5,010,000
  • Term: 2 Years
  • Amortization: Interest Only
  • Recourse: Non-recourse
  • LTV: 67%

Challenges

Single tenant with a short time left on lease. They were going to do some fix-up to get the tenant to sign a long term lease. Needed specific loan amount that covered all costs and put some money away for Capex. Speed was key. Every day was costing them money because their loan matured.

Solutions

We executed a quick closing in a difficult situation and met borrowers needs.

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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