Bridge Financing
Bridge Loan types and uses
Bridge Loan Type | Purpose |
---|---|
Acquisition Bridge Loan | Used to quickly acquire a property when long-term financing is not yet available. |
Construction Bridge Loan | Provides short-term financing during the construction or renovation of a property. |
Equity Bridge Loan | Helps property owners tap into the equity of an existing property to fund new investments. |
Mezzanine Bridge Loan | Used to supplement senior debt in cases where a higher loan-to-value ratio is needed for property development. |
Refinance Bridge Loan | Allows borrowers to refinance an existing loan while waiting for more permanent financing solutions. |
Value-Add Bridge Loan | Finances properties with potential for value improvement through renovations or repositioning. |