Commercial Loans
Optimus Capital Inc. provides commercial hard money loans to real estate investors in numerous states. At Optimus Capital Inc., we provide commercial real estate loans to investors seeking to enhance their portfolio into various real estate properties. One of the loans you can find at Optimus Capital Inc. is the Commercial Bridge Loan.
What Is A Commercial Bridge Loan?
A commercial bridge loan is a short-term loan used to buy or refinance a property rapidly to reap the benefits of a short-term opportunity, accommodate an urgent closing, or bridge the gap until permanent financing becomes available. The following scenarios are ideal for a Commercial Bridge Loan:
- Unusual purchasing scenarios that necessitate non-traditional financing, such as a foreclosure sale or a REO Sale & Leaseback Scenarios that require a speedy conclusion
- Bankruptcy Resolutions, Distressed Sales, IRS Liens, Debt Consolidation
- Equity Buyouts for Partners
- Mortgage acquisitions and discounted mortgage buybacks are two types of mortgage acquisitions where the loan can be applied
- Opportunities for rehab and conversion that require property stabilization before permanent finance can be acquired
At Optimus Capital Inc., our commercial bridge loans don’t necessitate personal income verification and need very little documentation, instead relying solely on the property itself for underwriting and some information about the sponsor.
Our commercial bridge loans at Optimus Capital Inc. are an excellent method to buy or refinance a commercial asset that requires a rapid closing without the lengthy underwriting process that typical bank financing entails.
With our commercial bridge loan program, you’ll be able to close swiftly by working with a reputable and knowledgeable lender.
Eligible Properties For Commercial Bridge Loan At Optimus Capital Inc.
Multi-Family Properties
Multi-family housing is a type of housing in which one or more buildings within a neighborhood or complex contain multiple units (5+) for residential usage. We will lend to real estate investors looking to purchase or refinance multi-family properties throughout the country.
Mixed-use Properties
Mixed-use properties are a style of construction that combines residential and commercial functions into a single complex or structure. We will lend to real estate investors in the following scenarios: On mixed-use projects with loan amounts of $250,000 or more, you can buy, refinance, bridge to stabilization, bridge to sale, or bridge to construction.
Office Properties
The term “office” refers to a type of property that earns revenue from businesses as tenants. Optimus Capital Inc. will lend to real estate investors and business owners searching for a loan of $250,000 or more for a buy, refinance, bridge to stabilization, bridge to sale, or bridge to construction.
Hospitality Properties
Optimus Capital Inc. will lend to established hotel and accommodation owners with a strong brand or independent hotel owners who are in need of financing. Loans in excess of $500,000 are available.
Retail Properties
Any property utilized for commercial retail space, such as a storefront for the sale of goods or services, is referred to as retail. Optimus Capital Inc. will lend to real estate investors and business owners searching for a loan of $250,000 or more for a buy, refinance, bridge to stabilization, bridge to sale, or bridge to construction.
Industrial Properties
Manufacturing, production, and storage facilities are classified as industrial properties. We will lend to real estate investors wishing to buy or refinance industrial buildings with loan amounts of $250,000 or more at Optimus Capital Inc.