Large Balance Commercial Bridge Loan
Access the necessary funding precisely when you require it
Completing projects in stages can pose a financing challenge, especially when securing funds all at once proves difficult. Often, there are gaps in funding while awaiting larger sums. Regrettably, this situation forces entrepreneurs to delay actions or make adjustments to overall timelines. Mioym Commercial Capital strives to address this issue by offering bridge loan solutions, ensuring projects stay on course. We extend bridge financing to entrepreneurs nationwide.
- Funding from 1M to 20M
- Across the country
- Business units and Diverse properties, including Multifamily and Retail
READY TO GET STARTED?
Get preliminary approval within 24 hours.
Simply complete the form using the link below, or call us at 914566-9050:
PRE-QUALIFY TODAYOR fill out and return the following
Commercial Bridge Loan App $1MM+Bridging the Gaps with Bridge Loans
Mioym Commercial Capital actively lends in the commercial real estate sector, offering bridge capital for transactions of small to medium balances.
Uses of proceeds include:
- Rapidly complete transactions
- Days Payable Outstanding (DPO) financing
- Debt refinancing and reorganization
- Buyouts of business partners
- Transformation of transitional assets necessitating renovation and Tenant Improvement/Landlord Contribution funds
Uses of proceeds include:
- Loan amounts ranging from $1 million to $20 million
- Lender with a nationwide presence
- Commencement fee starting at 1.5%
- Amortization with interest-only payments
- Urgency in addressing time-sensitive matters
- Buyouts of partnerships
- Borrowers facing distress or transition
- Addressing the seasoning gap for agency or CMBS takeouts
- Terms allowing for up to 80% Loan-to-Value (LTV) ratio
Uses of proceeds include:
- Three color photographs or a previous appraisal
- Personal financial statement
- Profit and loss statements for 2021, 2022, and year-to-date
- Operating agreement or by-laws
- Rent roll (if applicable)
- Purchase and sales agreement (if applicable)
- HUD-1 form (if the property was purchased in the last three years)
- Resume/background information
- List of improvements made or required
Rates & Terms
| Loan Type | Senior first mortgage loans only |
| Loan Amount | $1M |
| Maximum Term | Up to 3 Years |
| Amortization | Interest Only |
| Origination Fee | 1.5% + |
| Loan to Cost | Up to 90% |
| Stabilized Target Loan to Value | 60% Special Use 75% Generic 80% Multifamily |
| Other | Nationwide Platform |
| Property Types | Multifamily, Retail, Mixed Used, Office Buildings, Industrial and Warehouse, Self-storage, strip centers |
| Minimum Credit Score | 650 or higher |
| Liquidity/Net worth | 15%/% 100% of loan amount |
| Rates | 9.9%+ |
TAKE THE NEXT STEP
Rehab Budget Template Credit Permission Track Record Template Financial Statement Go to commercial bridge loan application
Free Estimation
Get A Loan From Mioym Commercial Capital
Ensure the progress of your projects by engaging with the experts at Mioym Commercial Capital. Reach out to our team at 914 566-9050 today to explore your financial requirements. Allow us to assist you in achieving your goals by putting our expertise to work for you.
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