Loan Types

  • CMBS: Commercial mortgage-backed securities (CMBS) are fixed-income investment products that are backed by mortgages on commercial properties rather than residential real estate. CMBS can provide liquidity to real estate investors and commercial lenders alike. Typical rates are 2.36% - 4.14%.

  • Conventional: Conventional commercial loans are mortgages backed by commercial real estate that are provided by a lending institution such as banks, credit unions, savings and thrift institutions, life insurance companies, hedge funds, pension funds, private financial institutions, etc. Typical rates are 2.22% - 5.98%.

  • Hard Money: A hard money loan is a type of loan that is secured by real property. Hard money loans are considered loans of "last resort" or short-term bridge loans. These loans are primarily used in real estate transactions, with the lender generally being individuals or companies and not banks. Typical rates are 7.50% - 14.00%.

  • SBA 7a: An SBA 7(a) loan is a financial tool designed by the Small Business Administration (SBA) to get money into the hands of small business owners. An SBA 7(a) loan isn't a loan directly from the SBA, rather, the SBA helps small business owners secure loans by guaranteeing a portion of the amount borrowed, capping interest rates, and limiting fees. Typical rates are 2.25% - 5.75%.

  • SBA 504: The U.S. Small Business Administration 504 Certified Development Company Loan program conserves your working capital by requiring only a 10 percent borrower contribution.* If you do not qualify for conventional financing, the SBA-backed 504 loan may be right for you. Certified Development Companies (CDCs) are nonprofit corporations that promote economic development within their communities through 504 loans. The SBA authorizes CDCs to provide financing to small businesses with the help of third-party lenders (typically banks). Typical rates are 2.42% - 5.59%.

  • Bridge: In real estate transactions, bridge loans are used to quickly close on a deal before a long-term loan or mortgage with a lower interest rate is obtained. In commercial real estate transactions, bridge financing gives buyers the flexibility they need to quickly take advantage of short-term opportunities. Most often, bridge loans are used to buy a property that needs significant upgrades or renovations before lenders will consider offering longer-term, lower-interest financing. Typical rates are 6.00% - 12.00%.

  • Construction: Construction loans are used for just that, construction. These loan products can include land acquisition, vertical and horizontal construction, and stabilization. Many of our partners offer construction to permanent options that save our clients in fees. Typical rates are 4.50% - 10.00%.

  • A&D: Acquisition and development loans are commonly used to purchase property and then make the improvements and subdivisions necessary to create construction-ready parcels. Typically, a portion of the proceeds of the loan are used to purchase the undeveloped land, and the bulk of the remainder for improvements such as subdivision of lots, grading, road construction, and installation of sewer lines. The loan should also allow for an adequate contingency reserve. Typical rates are 6.00% - 9.00%.

Asset Types

  • Gas Stations and C-Stores

  • Self Storage

  • Hospitality

  • Multifamily

  • Office

  • Industrial

  • Entertainment (amusement parks, movie theaters, waterparks, etc.)

  • Retail

  • Land

  • Mixed Use

Nationwide Lending

Our nationwide network of partners allows us to lend in all 50 states. We support the following transaction types:

  • Purchase

  • Refinance

  • Construction

  • Working Capital

  • Line of Credit

  • Cash Out

  • Equity

  • JV

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