Get Financing Quickly for Real-Estate Projects With Bridge Loans
Speed matters when it comes to closing on real estate, especially around Houston. Commercial and residential properties are in high demand. If your company’s profits depend on getting approved for real estate financing quickly, then a bridge loan is an ideal solution. As the premier hard money lenders Houston, we provide a wide range of bridge lending options for commercial needs.
An Amazing Tool for Business Owners
Grow your business without waiting for traditional loan approval. Our bridge loans can help you acquire excellent real estate for your company:
- Single-family homes
- Multifamily homes
- Commercial properties
- Building construction
- Owner-occupied real estate
Quick Lending in Houston has extensive experience helping real estate investors secure needed financing. Whether your business focuses primarily on a fix-and-flip model or manages rental properties, our team is happy to adjust to your needs.
The Advantages of Bridge Loans
Why choose bridge loans to take care of your business’s property buying needs? There are several advantages to working with hard money lenders Texas for real estate:
- Quick closing: One of the main reasons property investors choose bridge loans is because of fast approval. Traditional loans can take months for processing and approval. With a bridge loan, many businesses can get capital to close on a property within 7–10 days max.
- Business flexibility: Asset-based financing is more flexible than conventional loans. Some businesses use the capital to purchase an existing property, while others use bridge loans to supplement cash flow.
- Comfortable payments: Our interest-only bridge loans make monthly payments easier to manage. Since you’re only paying interest and not principal, the size of payments is far less than with traditional real estate financing. This is helpful for fix-and-flip businesses since it lets you focus your capital on the needs of the property.
- Simplified loan approval: Getting approved for a bridge loan is easier than with conventional commercial real estate financing. Of course, as professional and trustworthy hard money lenders Houston, TX, we do have some credit score requirements. For most business owners, however, qualifying is a breeze, and you don’t need perfect credit by any means.
When used as intended, short-term financing, such as bridge loans, for real estate investment is an incredible tool that helps you boost profits significantly. It allows your business to take advantage of the best opportunities immediately.
Excellent Financing Terms
At Quick Lending, we have an excellent reputation for helping business owners in Texas get financing that is both comfortable and profitable. Our terms for hard money loans are among the best in the industry, with interest rates ranging from 9.99–13.00%. We provide a max loan-to-value ratio of 75%. This gives you ample funds to transform properties in need of repairs into attractive market offerings. As commercial-only hard money lenders Houston, we’re happy to finance the cost of repairs for fix-and-flip businesses.
Work With Lenders With Extensive Commercial Expertise
It doesn’t matter if you’ve been in business for 20 years or are just starting, or if you have countless employees or a small team. At Quick Lending, we work with small business owners, commercial developers, and corporate organizations. We can help you qualify quickly for bridge loans that fit perfectly.
What makes our hard money lenders Houston experts stand out is the way we guide you through the entire process. From helping you apply, to determine your property’s ARV, we make every step easy. We’re always transparent about fees, and we’re happy to answer any of your questions. If you want to learn more, contact us online or at (346) 200-1232 right away.