3 Reasons to Get a Commercial Bridge Loan in Colorado

Published by admin at April 5, 2019

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Where months of paperwork may be required on the conventional end of the lending spectrum, a Colorado Bridge Loan offers speed and adaptability capable of capitalizing on market fluctuation, supply, and demand. It is the carpe diem loan—Seize your opportunities!

A commercial Colorado Bridge Loan is temporary, with a duration lasting between three to twelve months. Opposed to long-term funding agreements which can span years, a commercial Colorado Bridge Loan is concerned with providing short-term financing for acquiring assets. The word bridge indicates an intermediary period between hard money and conventional lending; since Colorado Bridge Loans are expensive, borrowers tend to enter into such financing agreements with the mindset of paying loans off quickly or bridging to a long-term source of financing.

Though commercial Colorado Bridge Loans may inherently have higher interest rates, contrastingly they offer borrowers quick approval rates, ease of convenience, and dependability. Since a Colorado Bridge Loan is made available through hard money brokers or lenders, the process of acquiring a hard money Colorado Bridge Loan is much shorter than the months needed to secure a conventional loan. Many businesses use hard money Colorado Bridge Loans to capitalize on opportunity typically unavailable using conventional lenders. Hard money Colorado Bridge Loans allow businesses to cut through the red tape, stipulation, and time required by the banks. Where months of paperwork may be required on one end of the lending spectrum, Colorado Bridge Loans offer speed and adaptability capable of capitalizing on market fluctuation, supply, and demand. It is the carpe diem loan—Seize your opportunities!

3 Reasons Businesses Apply for Colorado Bridge Loans

First and foremost, businesses need real estate. Real estate fluctuates. Real estate is legion!! It depends on the government, the economy, local industry, cultural attitudes towards purchasing property, technology, et al. Buying the right piece of property for a business is influenced by all of these factors. Sometimes, buying is difficult, other times the right unit was destined to descend from the heavens at just the right moment. But the window of opportunity is short, and others are capable of buying. The months needed to supplicate the bank for a loan are too long. Your business needs the right plot of land, and the main option available is a commercial Colorado Bridge Loan.

Sometimes, buying is difficult. Other times, the right unit descends from the heavens at just the right moment. Take advantage with a Colorado Bridge Loan.

Second, fix up the old money maker. Your business is a well-oiled machine. It generates profits proven year after year. You have buyers looking to acquire. What comes next? You decide that you should polish up the business in order to possibly increase its value or appeal. Third, Acquiring needed inventory in bulk. Sometimes, the inventory you need comes at reasonable price and a reasonable quantity. Should any of these reasons pique your interest, contact Level 4 Funding today and get the commercial Colorado Bridge Loan that you need.

Dennis Dahlber Broker Ri CEO Level 4 Funding LLC Dennis Dahlberg
Broker/RI/CEO/MLO
Level 4 Funding LLC
Hard Money Lender
Hard Money Loans
Hard Money Loan
Arizona Tel: (623) 582-4444
Texas Tel: (512) 516-1177
Dennis@level4funding.com
Dennis Dahlberg Broker/RI/CEO

About the Author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true. Dennis has been married to his wonderful wife for 43 years. They have 2 beautiful daughters and 5 amazing grandchildren. Dennis has been an Arizona resident for the past 40 years.