Why Bridge Loans?

Press Release: Why Bridge Loans? | PRZOOM: "Traditional lenders fail to meet the needs of commercial real estate developers who need fast financial commitments or bridge loans to ensure that their project goes forward. We have the ability to be fast and flexible in our underwriting, deal structuring and loan documentation. We are not subject to any banking regulations and protocols as well as committee meetings to approve a loan.

A bridge loan from a hard money lender gives the borrower the time to work out the details of the venture and respond to the restrictive timetable of today's development environment.

Once a loan becomes seasoned by a private lender, the borrower can subsequently return to conventional lenders and refinance with a long-term loan or sell the property. The interim financing provided by a Funding company provides the borrower with greater options. "
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