Loans to
Bridge

Location: Long Beach, CA
Funded: $1,400,000
Private Loan Type: Bridge Loans

warehouse-purchase-bridge-loan

Deal Highlights:

  • Established business owner needed a larger building to facilitate its expansion

  • Private financing was used to close in a timely manner

Deal Summary:

The business owner was seeking to expand his business into a larger building. With various capital expenses etc., the determination was made that private capital was the best option to secure the purchase. Phase I and Phase II Environmental testing were completed, and we were able to provide a commercial bridge loan to get the sale transaction completed.

Deal Details:

  • Property Type – Commercial

  • Lien Position – First Mortgage

  • Loan-to-Value – 65%

  • Loan Term – 18 months

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HCS Equity is a private money lender based in Carmel, California, specialized in loans for trust & estate property.

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Looking To Get Started?

Contact us today for more information regarding any of our loan products. As direct lenders, we make quick approval decisions, and can provide funding in as little as 7-10 days. We are available via phone or email anytime of the day or night.