SHORT-TERM FINANCING AVAILABLE TO CORPORATIONS AND INDIVIDUALS THAT CAN PROVIDE IMMEDIATE CASH FLOW UNTIL PERMANENT FUNDS ARE SECURED.
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.
- 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.
- Rate - 6.75% Fixed
- Origination Fee - .75%