Loan Programs - Bridge Loans
If a purchase arrangement involves the sale of one
property and the purchase of another it will normally be most convenient
if the two deals are concluded simultaneously. If this is not possible and
the purchase of the second property is to be concluded before the sale of
the first is completed then additional financing may be necessary. This is
a 'bridging loan' & it bridges the gap between the two transactions.
Infinity Commercial Capital can provide secured “Bridge Financing” for
both acquisitions and construction projects. Depending on the
circumstances and needs, bridge loans are usually 3 to 36 month durations
with an established permanent loan as an exit strategy.
