Commercial Hard Money Bridge Loans from NLDS Corp
Call us with your Commercial Hard Money loan request today (516) 526-8445
Commercial Hard Money Bridge Loans Program
- Loan amounts from 100k – 20M
- We are currently only lending on commercial properties in NYC 5 boros, NJ, Farifield County CT and Philly
- 5+ unit apartment buildings, office buildings, mixed use, strip malls, gas stations/service stations, warehouses, light industrial, self storage
- up to 70% of purchase price/ 65-70% on refinances
- Rates from 9-11%
- 3 points
- Closings in as little as 1 week
- commercial loans will NOT require an appraisal in most cases
- 1st lien position, blanket mortgages
- 12 month term
- Looking for 1-4 unit residential loans? Click here
What types of transactions do we fund with our Commercial Hard Money Bridge Loans Program?
- Properties in need of a quick closing
- Bank turn downs
- Vacant Properties (with other properties to cross collateralize)
- Discounted Note Payoffs
- Partner Buyouts
Do you own a commercial property but you or your company don’t show a profit on paper? How about some dings on your credit report. We can overlook these issues with our Commercial Hard Money Bridge Loans program.
We make loans that banks won’t, which is why our rates and points are more expensive than bank loans. We look at the property itself more than we do the borrower and their overall financial picture.
The loan must make sense for us. We do NOT want to own your property.
We love value-added plays. Are you buying a commercial property that is not performing with a solid plan in place to upgrade, find new tenants and turn the property around? If so, send us a summary on your loan request.
Our Commercial Hard Money Bridge Loans can close in as little as 5 days.
Click apply now on the top of this page to submit your application or call us at 516-526-8445 today.