RECENTLY FUNDED
Commercial Bridge Loan
$2.4M Commercial Loan Los Angeles , CA
- 12 Months Terms
- Up to 75% LTV
- Rates from 11.95%
The client required quick financing for a Los Angeles strip mall, covering acquisition, renovation, or other transactional needs.Insignia Capital provided a $2.4M bridge loan with a 12-month term, offering flexibility for the borrower to meet their objectives.The loan-to-value (LTV) ratio allowed financing up to 55% of the property’s appraised value.
Bridge Loan Insights:
- Commercial bridge loans serve as short-term solutions for acquisitions, renovations, or urgent financial needs.
- Typically higher in interest rates and fees, these loans fill the gap while borrowers work towards securing long-term financing.
- This type of financing is ideal for investors needing swift access to capital in a dynamic commercial market.
Disclaimer: Consult a financial professional for specific advice.