Large Commercial Bridge
For projects that need to be completed in stages, it can be challenging to secure financing all at once. Many times, there are gaps left while larger funds are still in the pipeline. Unfortunately, this means entrepreneurs have to hold off on taking action or readjust timelines across the board. At Elite lending Partners, our goal is to offer bridge loan solutions to keep projects on track.
What We Provide
The Funding You Need.
For projects that need to be completed in stages, it can be challenging to secure financing all at once. Many times, there are gaps left while larger funds are still in the pipeline. Unfortunately, this means entrepreneurs have to hold off on taking action or readjust timelines across the board. At Elite lending Partners, our goal is to offer bridge loan solutions to keep projects on track.
Common Uses
Uses of proceeds include:
- Quick close transactions
- DPO financing
- Debt refinancing and restructuring
- Partner buyouts
- Repositioning of transition assets requiring some renovation and TI/LC funds
- Nationwide Footprint
- Fast approvals and funding since we are not a bank
Taylored to your Needs
- Loan amounts between $1M-$20M
- Nationwide Lender
- Origination fee starting at 1.5 %
- Interest only amortization
- Time of essence issues
- Partnership Buyouts
- Distressed or Transitional borrowers (credit or liquidity issues, bankruptcy)
- Bridge the seasoning gap for agency or CMBS takeouts
- Terms up to 80 LTV
Documentation Required
- 3 Color Photos or Old Appraisal
- Personal Financial Statement
- 2021, 2022 & YTD Profit and Loss
- Operating Agreement/By-Laws
- Rent Roll (if applicable)
- Purchase Sales Agreement (if purchase)
- Hud-1 (if purchased in the last 3 years)
- Resume / Background
- List of Improvements Made / Required
Terms
- Maximum Term : Up to 3 years.
- Loan Amount 1 Mil
- Multifamily
- Retail
- Mixed Used
- Office Buildings
- Industrial and Warehouse,
- Self-storage,
- Strip Centers
Join Us on Your Investment Journey
At Elite Lending Partners, we are committed to helping you achieve your real estate investment goals. Whether you’re a seasoned investor or just starting out, our team of experts offers tailored financing solutions with competitive rates and flexible terms. Let us be your trusted partner on the path to financial success, providing the guidance and support you need every step of the way.