Hard money and bridge loans are forms of asset-based lending that can be applied to a long list of commercial needs. Here at Actium Partners, we specialize in commercial property acquisition. We make hard money and bridge loans in Utah, Idaho, and Colorado.

Below are descriptions of four typical real estate uses for which we provide funding. The list is by no means exclusive. As you read, we hope you will keep Actium in mind. Contact us when you need access to quick funding for your commercial real estate project.

4 Typical Use Cases for Hard Money and Bridge Loans

Investors come to Actium Partners when they are looking to acquire short-term financing quickly and with as little hassle as possible. We work with each one to meet the specific needs of that particular opportunity. Here are four typical use cases:

1. Multi-Family Properties

Multi-family residential properties are actually considered commercial real estate because they are rental properties. A multi-family property offers a single structure divided into multiple residential units. These types of properties make incredibly attractive investments.

2. Apartment Complexes

Apartment complex properties speak for themselves. They offer multiple buildings divided into several dwellings each. For property investors not afraid to take on residential tenants, few opportunities offer the potential you get with apartment complexes.

3. Retail Space

Although retail has taken a noticeable hit since the COVID pandemic, it has rebounded somewhat over the last 12 months. Retail space has long been an attractive investment fueled by hard money and bridge loans.

4. Other Commercial Spaces

Hard money and bridge loans can be leveraged to acquire all sorts of commercial spaces. Everything from office buildings to warehouses and medical facilities offer opportunities for eager investors. A hard money or bridge loan is often the key to getting a deal done.

Things Happen Quickly in Commercial Real Estate

As to why investors so often turn to hard money, there are a couple of reasons. The most important among them is the fact that things happen very quickly in the commercial real estate market. So quickly that the most nimble investors are the ones who usually end up obtaining the most lucrative properties.

Hard money lending is asset-based. And because it is, lenders can move more swiftly. It is not uncommon for loans to be approved and funded in days. We once funded a loan on a multi-family property in less than one business day.

When time is of the essence, our clients cannot afford to wait around. They need funding as quickly as possible. Hard money and bridge loans give them exactly what they need to get deals done.

Hard Money and Bridge Loans Are A Straightforward Application Process

The speed at which hard money loans are normally funded can be traced back to the application and approval process. With most hard money lenders, including Actium Partners, the process is simple and straightforward. We can move from proposal to approval and funding with very little hassle.

The key to loan approval is collateral. As an asset-based form of lending, hard money leans heavily on the collateral offered to back it up. Loans backed by strong collateral limits our risks and motivate us to approve. And when you are talking commercial real estate, the properties being acquired usually act as collateral.

Hard money and bridge loans are the lending options of choice for our regular clients. They come to us to fund commercial property acquisitions because they know we deliver. Whether it is an apartment complex or a retail space, funding through hard money or a bridge loan is fast, efficient, and as simple as lending can be.