Bridge loans provide temporary, short-term financing to “bridge” the gap between immediate funding needs and the arrival of long-term financing or other cash flow. These loans are ideal for businesses that need fast access to capital to seize opportunities, cover unexpected expenses, or keep projects on track without delay.
Bridge loans are available to a wide range of commercial borrowers, including:
Businesses awaiting SBA, USDA, or other long-term financing approval.
Companies undergoing property acquisition, development, or renovation.
Businesses that need to cover urgent operational costs or time-sensitive investments.
Entrepreneurs needing capital to seize market opportunities before permanent funding is secured.
Bridge loans can be used for a variety of short-term business needs, such as:
Purchasing or renovating commercial property before permanent financing closes.
Covering construction or project costs while awaiting other funding.
Paying off urgent expenses to maintain operations.
Taking advantage of time-sensitive business opportunities.
While terms vary based on the project and borrower qualifications, typical bridge loan features include:
Loan Amounts: Varies based on project scope and collateral.
Repayment Terms: Generally 6–24 months, with options for interest-only payments during the term.
Interest Rates: Competitive, based on market conditions and risk profile.
Collateral: Often secured by the property or asset being financed.
At Phoenix, we understand that timing is everything in business. Our bridge loans are designed for speed, flexibility, and simplicity, helping you get the capital you need precisely when you need it. With expertise in both conventional and government-guaranteed lending, we can structure bridge financing that transitions seamlessly into your long-term funding. From your first consultation to final funding, our team works quickly to deliver solutions that keep your business moving forward.