Bridge Loans

Bridge Loans

 

We offer competitive bridge loans for experienced borrowers who expect certainty of execution for their next real estate acquisition or recapitalization.

Asset Point Capital understands the need for time sensitive financing and can move quickly to facilitate your next acquisition or recapitalization.  We consider the background story and borrower’s experience as part of our due diligence process.

All asset classes are considered on the Bridge Program including note purchases

Asset Point Capital offers the following terms on the Bridge program

Loan amount $500,000-$10,000,000

Leverage up to 75%

Typical term 12 month with options to extend

Fees range 1-5%

Rates start @ 8.99-15.00%

Exit Fees – depending on circumstances

Interest guarantee – 6-12 months

Recourse – typically required

Non-Recourse can be considered in more attractive markets

Renovation Hold backs and Interest Reserves can be structured into funding

We will consider major metropolitan areas as well as populations of 25,000 people or more