COMMERCIAL HARD MONEY LOANS

At Tower Fund Capital, we approve commercial hard money loans for buildings and properties valued at well over $1 million.

 

If you need money to purchase a commercial property, the first step is to apply for a loan on our website. Agents from Tower Fund Capital are available by phone if you need assistance.

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If you need to buy a commercial property with a long-term mortgage, getting a commercial hard money loan can be a great solution. Commercial hard money loans are backed by asset and secured by real estate.

In these situations, the borrower is usually a business or an individual that needs to purchase or take cash from the equity in a commercial building. The lender is typically a private organization that specializes in higher-risk loans. They generally carry a higher interest rate than traditional bank loans. Still, They can be beneficial for borrowers who need to access cash quickly.

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Who Should Use Commercial Hard Money Loans?

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A variety of real estate investors or commercial real-estate developers can use commercial hard money loans. The ability to secure funding within a short time frame proves to be a significant advantage for a competitive real estate investor. However, most hard loans have less strict requirements than traditional loans because funding comes from private lenders who can help structure your financing. So, you don’t have to bother about eligibility.

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What Type Of Real Estate Property Can You Buy With

Commercial Hard Money Loans?

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There are several different real estate property types suitable for a commercial hard money loan. Often a real estate property that produces income, such as a self-storage, hotel, or multi-unit property is the best for lenders. Other properties that fall into the commercial hard money loans category include:

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• RV Parks

• Event Centers

• Storage centers

• Office complexes

• Multi-family homes

• Retail Strip Centers

• Mixed-use buildings

• Hospitality properties

• Duplexes and apartments

• Industrial and Warehouses

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Different Types of Commercial Hard Money Loans

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There are various commercial hard money loans, like personal loans through traditional lenders. Some of the most common types include:

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General commercial loans: This gives businesses or real estate investors more flexibility and speeds the process of buying industrial and commercial property.

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Fix and flip loan programs: This type of loan gives real estate investors the funds to buy a residential or commercial property and make the necessary renovation to return the property to the market for resale.

 

Bridge loans for refinancing: They are loans secured by the asset (usually real estate). Bridge loans are typically short-term, lasting an average of six to twelve months, and are often used in real estate transactions. 

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Contact Tower Fund Capital For Commercial Hard Money Loans

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At Tower Fund Capital, we are recognized commercial hard money loan lenders. We provide funding solutions for projects and transactions of all shapes and sizes. So, if you’re a private investor looking to buy a commercial property or want to refinance an existing property loan, our team will work with you to ensure you get the financing you need. With our combined years of experience in investing in real estate, we’re confident we can help you with your next big project.

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Feel free to contact us at 646-564-3499 or apply for a consultation on our website now if you are seeking an immediate commercial hard money loan.