If you are looking to invest in a property but don’t have much cash to invest, Commercial Hard Money Loans In Asheville you should consider using the services of a commercial lender who specializes in small balances. One such lender is BridgeWell Capital in Johnson City, Tennessee. They are a direct lender and can close your loan in as little as 10 days. Their loans are available for fully or partially vacant commercial properties and can provide cash back on unencumbered properties.
Ava, a small business owner in Johnson City, TN, needed financing for her new business venture. She could not secure a conventional mortgage loan through the bank, so she turned to a commercial private money lender. She listed the new property for $1,950,000, and the lender agreed to 80% loan-to-value. Ava will fund the remaining $390,000 of the deal herself.
Johnson City’s Most Trusted Small Balancing Commercial Lender, Bridge Well Capital, is committed to providing a wide array of commercial loan programs. From $150,000 to $2 million, we can help you meet your financing needs. Our lending experts can also help you refinance existing liens or cash out on unencumbered properties.
There are many different options when it comes to finding the right commercial real estate lender. The right financing depends on the size and scope of the project. Small-balance commercial lenders specialize in loans for borrowers with small-balance commercial real estate properties, such as a five-unit apartment complex.
Small balance commercial loans from BridgeWell Capital can help you finance your investment properties in the greater Johnson City area. Using in-house capital, this lender can close your loan within ten days. They can fund both fully vacant and partially vacant commercial properties. You can allocate a portion of the loan to a rehab credit line.
When looking for a small, balanced commercial loan, you want a lender who will consider the whole picture when making a decision. That means they don’t automatically turn down applicants with a bad credit score or a low W-2 income. This type of lender funds transactions ranging from $150,000 to $2 million. Their flexible terms allow you to refinance existing liens or get cash back on vacant property.
While commercial banks are still the most trusted small-balance commercial lenders, more borrowers are turning to other types of lenders. Companies such as AVANA Capital specialize in commercial real estate lending and can help you create the small-balance commercial loan that works best for your situation.
If you’re looking to purchase a commercial property in Johnson City, you’ll want to consider BridgeWell Capital, a direct lending company specialising in commercial real estate loans. They can close loans in as little as 10 days using in-house capital. They fund partially and fully vacant commercial properties and can even provide cash back for unencumbered properties.
One loan was obtained for an entrepreneur turned down for SBA financing by a local bank. The business owner grew tired of waiting for the bank to approve her loan and wanted an alternative. The lender arranged a cash-out refinance even without tax returns.
BridgeWell Capital Looking for a loan? BridgeWell Capital is a direct lender with in-house capital that works with investors looking to finance investment properties. They invest fully-occupied and partially-vacant commercial properties and can provide up to $500,000 in funding. Additionally, they can fund rehab projects with cash back on unencumbered properties.