Bridge & Hard Money Loans
Get Fast Funding To Take Advantage Of Opportunities With Our Bridge Loans
Unexpected surprises and fast changing environments are a common scenario for people who buy and sell properties. The situations usually requires additional working capital. Elerock Commercial Funding provides bridge and hard money funding to help businesses flourish during such transactions.
Our network on international and domestic financial partners enables us to create bridge loans of any size. We have the ability to create a full range of solutions for small, emerging builders, and established constructors and developers.
Advantages of bridge and hard money loans from us:
Interest Only Structures
Interest Rates from 8-13%
Origination Fees from 1-4%
Loan to Value Ratios Up To 80%
Loan from $100,000 to $100 million
Occasionally the process from your sold property may not arrive in time for the closing date of your new real estate. At Elerock Commercial Funding, our experienced professionals help you obtain the necessary funding to cover the gap. Since the collateral is usually real estate we can speed up the qualification process and bring you to a quick closing many times in as little as five days depending on the transaction. If your business is in a transition and you need funding right away, please don't hesitate to contact us right away.