Client Comments
Thank you so very much for putting so much effort and time for helping us.

-DARIO & MORCIA S., OAKVILLE

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We were so happy that you were able to provide us with construction financing. The draw amounts work fine with our builder and we plan to refer anyone building a house. Thanks again.

-TOM & SHAUNA D., TORONTO

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Hi Joe

Just wanted to pass on our thanks again for all your help with securing our mortgage.

In hindsight, we would have to say that the entire process of buying for the first time went really well and we managed to avoid a lot of the headache and inconvenience that others seem to come across.

Certainly in regard to arranging our mortgage, things could not have been easier for us and we have you to thank for that.

Your patience and attention to detail was greatly appreciated.

All the best,

. Aghazzarian & L. Marino

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Truly Professional

Joe helped us out with our financing and all the questions we asked. The rates and service was excellent and he even came to our house to sign all the papers.

We have recommend him to our co-workers, friends and family.

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Mortgage Needed In a Hurry!

We needed to arrange something quickly and Joe Walsh was able to provide us with a commitment on the same day;

I would definitely recommend Joe.

A Satisfied Customer!

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We supplied Joe Walsh with all of the pertinent information and we were able to sit back and relax while Joe took care of everything.

He examined all of the possibilities and came up with one that best suited our needs.

Joe took all of the shopping and confusion out of the experience and made it simple for us.

We have used Joe several times in the past and will continue to do so in the future.

He is knowledgeable, professional, there to service quickly & promptly without the stress that normally comes along with this sort of decision

Commercial Property Bridge Loan

“Commercial Property Secured Bridge Loans”

commercial real estate bridge financingWhen someone needs capital for a short period of time, one solution can be to get a commercial property bridge loan if you have equity in commercial real estate that you can leverage.

The use of funds do not have to relate directly to the property such as a purchase, refinance, or investing in some type of improvements.

The funds can be required for just about anything.  The key is that commercial real estate property is being provided as security to a lender.

Some of examples where a short term loan is required is 1) someone needs to close a sale quickly, 2)  a business has an order they need to fill and need to supplement their working capital to get it completed; there is some sort of cost that someone is trying to avoid by having capital provided on time within the parameters of an agreement.

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The financing amount is typically $500,000 or higher and the money is required quickly, or more quickly than can be arranged through a conventional bank.

When individuals or businesses come to us with this type of financing request, we arrange financing through our private lender net work and work towards getting the financing in place right away.

One of the benefits of this type of commercial mortgage financing is that the loan is fully open for repayment.  So as soon as the need for funds has passed, the principal can be repaid right away without penalty or further obligation to the lender.

Bridge loans can be for several months, up to a term of 2 years for the most part.

In some cases, funds may only be required for a couple of weeks to close a transaction and the proceeds from the transaction will in turn be used to repay the loan.

How Quickly Can A Commercial Property Bridge Loan Be Put Into Place?

When we get bridge financing inquiries, one of the first questions we get asked is how long will it take to get a short term loan in place?

Depending on the situation, the faster placements are in one to 2 weeks.  On average, we can get funding completed from the time of application to cash advance in 2 to 3 weeks.

Part of the speed to getting deals in place is the getting the deal assessed quickly and immediately matching up the deal with an interested bridge lenders so most of the time is spent with the closing process.

If you’re looking for short term capital and have equity in commercial property to leverage, then I suggest that  you give me a call so we can quickly go over your situation on the phone and provide options for your immediate consideration.

Click Here To Speak Directly To Toronto Mortgage Broker Joe Walsh

 

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