Traditional bank loans are dependent on a multitude of documentable factors including the borrower’s income, credit, tax returns and deposit accounts. The bank usually require a minimum Credit Scores, personal recourse and they can take months to close. Conversely, with a commercial hard asset there are no credit score requirements, no personal guarantees and the loan closes a great deal faster. Though higher risk means a higher interest rate, Bridge Loans can be highly beneficial for nontraditional investment opportunities. McMann Commercial Lending offers such loans to owners of commercial investment properties throughout the US including: 5 plus Family Units, Retail Properties, Industrial Properties, Investment Properties. and many other commercial property types. Loan amounts to $30 Million, rates from 6.99% with flexible terms and amortizations. For more details call 800-616-7276 and talk to a professional about your scenario.
Commercial Real Estate Financing & Valuation 