Commercial / Industrial Bridge Lending:    

We specialize in financing commercial or industrial properties, excluding land or ground-up construction. For collateral, we only consider 1st position liens. 

Our loan-to-value (LTV) ratio can be up to 75% of the property's as-is value and after-repair value, depending on various factors such as location, risk, collateral type, and borrower strength. We offer competitive rates ranging from 8.99% to 12.99%, with the rate determined based on these factors.

Our points range from 2% to 5%, and we offer loan amounts between $1,000,000 and $75,000,000 <, with a rehab/major rehab escrow required. Upon stabilization, the subject property must cover the loan at a 1:1 ratio. Our loan term is 12 months with extension options.

We do require an appraisal for all deals. The need for other third-party reports will depend on the deal structure and the necessary reports to be reviewed. We do not charge any upfront fees, and there is no prepayment penalty.

We are committed to providing a smooth and efficient lending process. If you have any questions or require further clarification, please do not hesitate to reach out. We look forward to working with you and providing the best possible financing solution for your needs.

Contact Details:

• For further information or to initiate your application process, please contact us at eyarbra@newrepublicfunding.com.
• Schedule a call for a personalized consultation available Monday through Friday, 9:30 am PST to 5 pm PST.

At NewRepublicFunding.com, we understand the critical timing for bridge loan financing in commercial and industrial real estate projects. Our commitment is to provide not just the necessary capital but a partnership that aligns with your project's timeline and success criteria.