what are some well known firms that offer bridge loans?

[Arshiya Taami]

I am planning on purchasing a profitable business with its real estate included in florida and the dscr is 1.85. the problem is im just short of 600k for the down payment. that being said, can anyone provide me any reputable loan companies that will offer bridge loans and what their requirements are. thank you in advance!

[Brandon Croucier]

You have 600,000 problems.

Bridge lenders (HML) Want low LTV (65% Max Typically). They also want a priority lien on the property.

It sounds like you are looking for someone to fund your down payment, I would be looking for an equity partner over debt as nobody likes to lend money in insecure positions, especially when a borrower lacks skin in the game.

How much are you planning to come in with yourself?

What is the purchase price?

What kind of commercial building is it?