Short Term Bridge Capital Loans
The Smith Group is direct access private lender that provides short-bridge loans in the tri-state Region, with a major focus on the New York metropolitan market (Brooklyn, Queens, Manhattan and Bronx) Commercial Property borrowers can look to us when Traditional sources of Capital are unavailable or when a transaction requires a “ Time is of the essence” approach...Private funding also available in the United States for Developers, Builders and Construction Contractors
We stand apart from any other short-term bridge lenders because:
We stand apart from any other short-term bridge lenders because:
- We Provide loans from as low as $300,000 to as high as $15,000,000.
- Our Rates are Extremely competitive.
- We offer extremely low Fees, which typically consist of at most a few points and No Hidden fees or costs.
- We can react to a request to Fund quickly; we typical close within 3-5 days of receipt of a title report and do not require lengthy applications or appraisals Unlike other short-term and conventional lenders we understand the value of your property and do not need to rely on lengthy and time consuming third party reports...
- Our terms are Flexible and vary from a minimum of six months to three years, with renewal options available...
- We loan on all commercial property types, with an emphasis on mixed-use, retail and multi-family properties...We prefer income-producing properties.
- We provide short-term funding where others don't, bankruptcy workouts, complex foreclosure workouts and discounted repurchases of debt from banks. We are also comfortable with providing financing for purchases for non-performing commercial property secured debt...
- We provide funding to Hard money lenders that are looking to retain their loan portfolio, but want to recapitalize and deploy the freed up capital into alternative and new investments...Contact The Smith Group Tel: (862) 823-1497