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Bridge Loans;
Work-outs; Stated Income Stated Assets Loans
& more... |
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Intelligent Funding - through several nation-wide
lenders, provides asset-based lending for
borrowers and/or properties that do not meet
conventional underwriting guidelines. We are known for
our ability to provide financial solutions that banks
and matrix lenders
are unable to offer. Speed, Service and Integrity is
what places us ahead of the competition.
We are
direct to the lenders, and offer quick investment
decisions while obtaining faster closings for our
clients. Our technological and autonomous environment
allows us to create quick and unique solutions for your
non-conforming needs.
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We also offer Transitional
Bridge Financing for Certain Real Estate Related projects:
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 For use with: Any commercial,
income producing property, including “Value-Added”
properties in a “Repositioning” phase or under renovation.
Non-recourse and flexible prepayment options available.
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Partially income producing
property, requiring a loan amount greater
than $5M
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Less than 1.25 debt coverage
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Typically 85% LTV max, 90% LTC
for exceptional properties
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175 to 500 bpts over 6 mo
LIBOR (points may apply)
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Interest only for 1 to 5 years
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2 to 3 weeks to close
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Property Types:Anchored
Retail; Strip Mall; Industrial; Warehouse; Office;
Hotel/Motel; Mixed Use; Multi-Family.
To submit your loan request
for consideration, please either
send us an e-mail (with Executive Summary attached), or
complete the initial application form by
clicking here.
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Process:
The
Borrower(s) must provide an Executive Summary of the Project
for initial review. The Summary must be clear,
concise, realistic, and honest. It should consist of 1
to 5 pages of details on the Project or Property, the
Borrower(s) Funding Requirements and the exit strategy. The
following information should be available upon request (if
applicable):
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A "Source and
Use of Funds” statement, including cash equity
involvement from the Borrower(s).
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A detailed
Financial Projection of the Project.
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A detailed
discussion of the background and experience of the
Borrower(s).
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Borrower(s)
and Project current Financial Statements and references.
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Area maps.
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Site plans,
building plans, a cost breakdown and color photos of
project if available.
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Appraisals,
Environmental Studies, Engineering reports, Market or
Feasibility studies where available.
Borrower must NOT be insistent
on terms, and leave the Lender to their own good judgment to
make the best possible offer relative to their risk in the
project. Please send the summary as an attachment, via
e-mail. send it initially to us at
info@intelligentfunding.com
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