Bridge

At ReadyCap, we appreciate our borrowers and recognize their ability to capitalize on unstabilized commercial investments through the use of short-term financing.  Whether a property is empty, in need of major rehab or simply under-performing, ReadyCap delivers bridge financing with the speed you need to get the job done and maximize your return-on-investment.

Discover how ReadyCap is lending differentlyTM by providing the following terms:

  • Lease-ups
  • Foreclosure purchases
  • Discounted payoffs
  • Refinancing maturing loans 
  • Properties that do not cash flow
  • Quick closings
  • Tenant improvement
  • Construction loan take-outs
  • Reposition of a property
  • Vacant buildings
  • Rehabilitation financing
  • Opportunistic purchases
  • Non-stabilized properties without historic financials
  • Foreign national borrower

Available in major markets nationwide, our Bridge loans from $1,000,000 to $10,000,000 cover both commercial and multifamily properties.  Designed specifically to exceed the expectations of the experienced borrower with a clear exit strategy, the advantages of ReadyCap’s Bridge financing include:

  • Leverage up to 80% of cost, 75% of value
  • Non-recourse available
  • Minimum stabilized DSCR of 1.20x for multifamily and 1.25x for commercial  
  • 2- and 3-year fixed terms; 6- and 12-month prepayment options
  • Multifamily, Office, Retail, Industrial, Self Storage, Mixed Use, Single Tenant

ReadyCap understands the unique investment opportunities available in today's market; we pride ourselves on delivering concierge-like service, with swift closings. Give us a call today: 888-354-0822.