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Bridge loans are an effective program to unlock the equity in your
property when an opportunity faces you and you need to access to cash
rapidly.
We work with both land and properties and have funded developers, business
owners, and entrepreneurs looking for effective access to cash. Most loans
are written at less than 50% of the value of the property. The following is
an example:
A Boston Entrepreneur purchased property down south out of tax default using
investor monies and feeling that he could get a bank to back him and pay off
the balance. As time ran down on him we used the property equity and
provided him the cash to pay off the remaining tax liens and some working
capital besides to begin converting the land for sale. He will make back
over ten times the amount of money he borrowed over one year!
A New Hampshire business owner had the opportunity to purchase $2.8 Million
in machinery for $170,000 and we used his building to create cash to execute
the purchase. He then sold half of the machinery in six months for over
$500,000 and used the remaining machinery to outfit a new production line,
saving over $900,000 had he bought it new.
Need fast cash for a “power purchase?” Call today!
Put a proven track record to work for you today by calling Ernie @ 1-877-813-2923.
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