Loan Type | Bridge |
---|---|
Loan Amounts | $250K - $8MM* |
Term | Up to 48 months |
LTV | Up to 90% |
Repayment | Monthly Interest Only |
Collateral | Determined on a case-by-case basis |
Legal | Determined by Complexity of Transaction. Paid by Borrower |
CHC’s bridge financing assists NeighborWorks organizations in meeting the liquidity needs associated with financing gaps. These gaps are often caused by timing issues related to the receipt of public subsidies or other committed funds. Given the nature of these gaps, CHC accepts alternative forms of collateral to secure bridge loans.
Do you have questions? We’re here to help. Call us at (404) 373-5662.
* Higher loan amounts considered on a case-by-case basis