Bridge Financing Helps Developers Get The Short Term Funding They Need

May 30, 2012 - PRLog -- Lending in the commercial real estate industry has changed quite a bit over the last three to four years. As a result, it's become more difficult for developers to get the funding they need to complete their projects. In many cases, traditional lenders don't want to lend on complex real estate transactions.

Bridgefront Services Inc has a solution. They offer bridge financing for commercial borrowers who need funding fast to complete a transaction or to obtain a distressed property that needs to be rescued.  Bridge financing is also available for refinance and cash out scenarios when liquidity is a problem.  With bridge financing,  commercial borrowers have the ability to cross collateralize in order to obtain the interim financing they need.

Bridgefront provides creative loan structures for commercial needs. No matter the problem--damaged credit, income verification challenges or commercial property that's difficult to finance, Bridgefront has a financing solution.

Bridgefront provides fast approvals. In most cases, an approval can be obtained in forty-eight hours. Bridgefront also provides a quick turnaround meaning that funding can be achieved within two to three weeks of receipt of the application. In some dire cases, funding can occur within one week.

Using bridge financing can open up options for the commercial borrower because it allows the borrower time to turn a profit on the property, arrange for permanent financing or implement a different strategy.

To find out more details on how you can receive bridge financing, go to http://www.getbizmoney.com/bridge-financing.