Bridging the gap between your dreams and reality.
Bridge Loans to Move Your Forward
A bridge loan, sometimes called gap financing is a short-term loan used to buy assets or cover obligations until a longer-term financing solution is found. They are usually secured using real estate or business assets as collateral. The term of the bridge loan is typically one year or less but could be up to 2-3 years. Interest rates and related fees are typically higher than conventional loans.
$2 million – $75 million
Up to 75% Loan-to-Value (loan amount as percentage of value of the asset/real estate used as collateral)
Typical Loan Term
12 – 24 month term
Short-term financing solution to buy assets or cover obligations
Situation and Solutions
Our Client's Problem
Borrower needed to secure $4.5 million working capital loan in 17 days in order to support the restart of a closed business.
The Dolan Financial Solution
On a short deadline, we were able to work with a bank that was familiar with the business being restarted. By utilizing the property as collateral, we were able to get approval for $4.5 million in credit within the 17 day deadline.