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