Is Short Term Funding Available?

searcher profile

February 26, 2020

by a searcher from University of Kentucky in Houston, TX, USA

I am currently working on a >$24MM deal and am looking for a $3.5MM equity bridge for###-###-#### days (would be less). The bridge could be collateralized by the equity portion of a cash-flowing commercial real estate worth $20MM (equity portion is $5MM; appraisal of the property is available). Does anyone know if such capital sources are available? Thank you. Regards, Madan.

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commentor profile
Reply by a lender
from University of Pennsylvania in Boca Raton, FL, USA
What is the takeout for repayment in less than 2 wks, and why don't they just fund you at closing?
commentor profile
Reply by a searcher
from University of Pennsylvania in Indianapolis, IN, USA
Madan - Depending on the revenue situation, I may have a solution for you that can fund quickly.
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