BRIDGE LOAN

SHORT-TERM FINANCING AVAILABLE TO CORPORATIONS AND INDIVIDUALS THAT CAN PROVIDE IMMEDIATE CASH FLOW UNTIL PERMANENT FUNDS ARE SECURED.

Bridge Loan

RBAC offers our lending partners bridge financing – a temporary loan banks have traditionally provided during the interim period when the SBA-504 loan is being prepared for funding.

  • This financing is offered on straight-purchase loans.
  • Borrower Benefit Potential title savings as we eliminate duplicate processes and verifications.
  • Less complicated because RBAC manages the interim lending and the SBA portion of the project.

Lender Benefits

  • Less risk as you approve one loan for the project.
  • Other financing is subordinate to bank loan.
  • Minimal dealing with SBA regulations as RBAC arranges for bridge and 504 take out.
  • Less complicated process for the borrower.

Cost

  • Rate - 6.75% Fixed
  • Origination Fee - .75%