Understanding Commercial Bridge Loans – Winston Rowe & Associates

Winston Rowe & Associates offers a comprehensive range of services and products for the commercial real estate finance industry, without upfront fees.  They have prepared this article to help prospective clients better understand the various aspects of commercial real estate bridge loans.

For more information about commercial real estate loans, you can contact Winston Rowe & Associates at 248-246-2243 or visit them online at http://www.winstonrowe.com

Commercial bridge loans act as a medium by serving the business conduit the gap between current financial obligations and securing an enduring source of financing, which can be at any later date.

These loans are generally meant for short period of time and the sole aim of this loan is to Bridge the financial gap between an investment and earning. Bridge loans are often termed as gap financing or swing loans and interim loans due to its nature. The lender of a business loan or commercial bridge loans normally persists on terms of clarity for exit strategy. ‘Exit strategy' is the means by which a lender can expect to recuperate the sum total of the money he lent.

The absence of any assured exit strategy is sure to make you non eligible for bridging loans. These loans also carry higher rate of interest as compared to other common loans. The borrower who is seeking for the loan will have to pay a higher rate of interest. The rate may be somewhere from 12% to 18%.

Commercial Property Types Considered For Bridge Financing:

Motels
Hotels
Apartments
Mixed Use
Resorts
Nursing Homes
Senior Apartments
Assisted Living Facilities
Hospitals
Shopping Centers
Truck Stops
Office Buildings
Automobile Dealerships
C-Stores
Manufacturing Facilities

Winston Rowe & Associates has an excellent knowledge based resource for valuation and market analysis for commercial real estate located at:

http://www.winstonrowe.com/Free_Real_Estate_Resources.html

Winston Rowe & Associates has no upfront free commercial loans in the following states.

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine,  Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee,   Texas, Utah, Vermont, Virginia,   Washington, Washington DC, West Virginia, Wisconsin, Wyoming