Bridge financing is usually a short-term senior first-trust debt used for a short period of time prior to an event such as sale or permanent financing of a property.

Hard-money lending is sometimes called equity-based lending or portfolio lending. Investors like private equity groups or hedge funds can provide your “unique” and otherwise “non-bankable” transactions with the necessary quick financing. Hard-money loans are typically short term in nature and cost more than conventional commercial mortgages.

Each Wincreek hard-money loan is customized to meet the needs of the borrower and to maximize the security of the transaction. In most cases, underwriting is primarily based on a reasonably assured exit strategy and the experience and competence of the borrowers.

Depending on the size and other parameters of a hard-money transaction, Wincreek can fund the borrower within 30 or so days, not months.

If your loan request has been declined and you have real estate to pledge, contact Wincreek at once to see if you qualify for any of our private lending programs.