Vista Funding Llc31 Jan, 2022Business
Commercial real estate bridge loan lenders are commercial lending private bankers who deal with commercial loans. Bridge loans are short-term loans with no fixed maturity date and no prepayment penalty. The borrower has a finite time limit to secure long-term financing and close the sale before the bridge lender demands full repayment. Besides helping the developer shift from construction to permanent financing, commercial bridge loans also provide operating capital for tenants, who need cash flow to pay rent and service their construction loans.
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