Are you planning to start a business? Or have you already started to get it moving but you lack the necessary funds to keep it running without a hitch? Maybe you’re planning to buy a new property, but you haven’t sold the old one yet, therefore limiting your funds? Do you have an existing mortgage or property loan? Well, if you’ve answered yes to all of the above, then that is exactly why we offer bridge loans from Aurora, CO to any qualified business or property owner anywhere in the country who needs that extra bit of boost for a smooth sailing start.
A bridge loan can be used until a company or a person manages to secure permanent financial funds or get rid of an existing obligation as it grants the user the means to meet existing obligations by providing instant cash flow. But, one must take into account that bridge loans are short term. Aside from being used to finance a property purchase, bridge loans can also be utilized to pay mortgages or an existing loan on your property. In the corporate world, bridge loans are utilized in venture capital, and that’s why they can be truly helpful when you’re still in the early stages of your business. It can be used as the company’s fund while still in search of a large investor, especially so that the business wouldn’t run out of cash.
However, as it was mentioned above, bridge loans are known to be short-term only and are thought by many to have a relatively difficult application process. Since it’s rare, you may not have enough references to fully learn about it, which could be difficult for your decision-making. But don’t worry! Here at Floyd Private Money Broker, we offer free consultations and are very forthcoming to qualified investors when it comes to the necessary information you’ll need regarding our different loan applications and programs.
We provide the best large scale development, bridge, and even other quick loans in Aurora, CO as well as anywhere else in the country, so call us now for a free consultation or visit our office at 2821 South Parker Suite 429 for a closer and more personal discussion about your loan application. We look forward to working with you.