1st Coastal Commercial Capital
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1st Coastal Commercial Capital offers bridge loans on a variety of commercial properties including apartments, retail, industrial, office, health care and mixed use. When a bridge loan is made, we look for an "exit strategy" to be certain that our borrowers have a plan to retire the loan through selling or refinancing the property. Bridge loans are usually offered for terms of 12-36 months and many can be refinanced into low cost, long-term financing through 1st Coastal Commercial Capital. Bridge loans are not only for shorter terms, but are also often needed to close quickly.
The bridge loan interest rates vary and are changing constantly. The best way to find out what terms you will receive on a bridge loan would be to call us and spend a few minutes on the phone while we analyze you specific financial needs. Our minimum loan amount is $100,000 with a maximum of $50,000,000. Our goal is to assist you quickly and courteously with your bridge loan financing request.
1st Coastal Commercial Capital - 3201 Mountain Rd Suite 116 - Pasadena, MD 21122
Office Phone: (410) 255-7437 Fax: (410) 360-1429 Cell Phone: (443) 257-9096
Toll Free Phone: (888) 316-1787
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Often a commercial borrower needs a bridge loan to facilitate the financing of a property for a short period of time. A bridge loan is a specially designed form of financing that is used when a borrower is expecting to sell a property quickly or refinance it within the near future.