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Bridge Loans

Short term needs require short term capital

Interested in Bridge Loans?

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  • Amount

  • Please enter a number greater than or equal to 25000.
  • in months

Loan Amounts

$25,000 – $5,000,000

Terms

6 – 24 Months

Rates

8.99% – 29.99%

Speed

as little as 24 hours

bridge loan

What is a Bridge Loan?

A bridge loan is designed to meet immediate financing needs, such as bridging cash flow gaps, unexpected circumstances that require funding, or new business opportunities to capitalize on. Rather than using personal money or passing on opportunities that would result in additional profit for your business, apply for a bridge loan and the funds can be wired within 24 hours of applying.

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What can a bridge loan be used for?

N

Taking advantage of equipment or inventory discounts

N

Seasonality

N

Gap financing while permanent financing is being worked on

N

Business growth and expansion

N

Hiring new employees

What are the benefits of a bridge loan?

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Available capital at your fingertips

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Quick and easy application process

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No application or upfront fees

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Limited documentation required

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Underwriting and closing within 24-48 hours

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Flexible repayment terms

What are the best industries for Bridge Loans?

A Bridge Loan is a form of financing that could be used in all industries. The most important thing is to make sure that your cash flow can support the payments on a bridge loan, as Bridge Loans are short duration, since they are just bridging a gap.

How does the Bridge Loan process work?

The process to secure a Bridge Loan is more simple than other types of financing. With a paperless one page application and limited documentation, funds could be available in as quick as 24 hours. Once the loan is secured, payments will be taken on a daily, weekly or monthly basis until the loan is paid off in full.

Prequalify

Speak with a SMB Lending Expert to prequalify for a bridge loan. SMB Compass’s simple and secure online application can be completed in a matter of minutes, with no obligations and no impact on your personal credit!

Approved

Once your bridge loan application is complete we will review the rates, terms, and any questions you have about your loan approval. We will only move forward when all of your questions are answered!

Closed

Once you accept your approval and provide closing documents we will review your terms again to make sure that all your questions are answered. Your loan will then be closed and funded within 24 hours!

Bridge Loan

Bridge Loan Case Study

One of our clients owns a dental practice and recently expanded into the office that was next door to them. The landlord was paying for a small percentage of the build out so there was a need for additional capital for both dental equipment and working capital to hire a new hygienist. By utilizing an equipment financing program we were able to help out client purchase a new dental chair from Tiger Medical and a bridge loan for working capital to build out the remainder of the space and hire a new dental hygienist. A bridge loan was the best use of financing for working capital because there was only a period of 6 months before the revenues for the new hygienist would stabilize.

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