If you’re seeking a business loan, banks are not your only alternative. If you have a business property which you can use as loan collateral, commercial mortgage lending services may be an alternate choice for you.
One source of funds for bridge financing are investors. These investors invest in a mortgage investment fund, and their resources are used to finance business real estate, construction or restoration opportunities.
These investment funds seek out top quality opportunities. They review funding opportunities rigorously. Many specialize in certain niche markets and business sectors, so if you arrive at one mortgage lender which would seem to exclude financing which fits your circumstances, don’t despair. Keep looking.
Many lenders focus on one geographic region, specific urban centers, or just expansion communities, while other lenders work throughout the country.
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