Bridge Loans for Entrepreneurs in Philadelphia, PA
Learn MoreMonterey Commercial Capital understands the challenges facing entrepreneurs in the Philadelphia area. Traditional lending channels keep raising qualification requirements along with credit and collateral minimums. Local entrepreneurs and commercial real estate investors need financing that can be arranged quickly without prohibitively high requirements or red tape. For these reasons, Monterey Commercial Capital offers accessible and flexible bridge loans that can be used for a wide range of purposes throughout Philadelphia, such as:
- Bridging the seasoning gap for agency or other loans
- Construction
- Covering time-sensitive costs
- Discounted Pay-off financing
- Partner buyouts
- Paying off liens
- Property acquisitions
- Property development
- Recapitalizations
- Refinancing investment properties
- Renovations
- Repositioning commercial properties
- Short sales
- Time-sensitive opportunities
Bridge Loans Designed for the Philadelphia, PA Market
Monterey Commercial Capital works directly with business owners, property investors, and developers in Philadelphia, PA. We are intimately familiar with the local market and understand the financial needs of professionals who are working on commercial projects of every size. Whether you need funding for a short sale, a time-sensitive opportunity, a large development project, or something unique, we can help. We are able to scale our bridge loans to fit your commercial projects and transactions so you can keep things moving, stay on schedule, and stick to your budget. Bridge loans from Monterey Commercial Capital offer the following features to borrowers who need financing in Philadelphia, PA:
- Loan amounts ranging from $1 million to $100 million and above
- LTV up to 80%
- Interest only payments
- No prepayment penalties
- Fast closings in 3 to 4 weeks from LOI
- Available for Denver, CO, primary and secondary markets, as well as development zones
- Interest rates as low as 8%
- Origination points as low as 1% (deal dependent)
- Accepted collateral includes raw land and development projects
Accessible and Scalable Financing for Projects in Philadelphia, PA
Entrepreneurs, investors, and developers in Philadelphia, PA need accessible financing that can be scaled to their needs. Bridge loans from Monterey Commercial Capital are structured around the value of the property and assets involved, as well as the overall profitability of the transaction or project. This allows us to streamline the application and approval process and expedite bridge loan requests so our clients can access the funding they need quickly and efficiently, without unnecessary delays. Our team will work with you to understand the size, scope, and timeline of your projects, so we can deliver bridge financing solutions with fast closings and generous terms.
Get the Bridge Financing You Need
Monterey Commercial Capital offers comprehensive bridge loan solutions for projects and transactions of every size throughout the Philadelphia area. If you need accessible financing without the high requirements and red tape, reach out to our team today. Our experts will work with you to understand your needs, so we can provide a tailored bridge loan that helps you reach your goals. Contact Monterey Commercial Capital today to get started.