Change is the only constant in business. At times you find yourself between transactions as you sell, buy and/or improve properties. Often this creates a need for additional working capital. Velocity Funding Solutions provides bridge loans and hard money to help your business thrive during those transitional events.
At times the funds from your sold property may arrive after the close date of your new property. Our team of experienced professionals will help you acquire the funds you need to bridge the gap. Typically, we use the commercial real estate as collateral. Thus the qualification process is streamlined leading to a quick closing, often as quick as five days depending on the file. We are able to lend nationally as well as internationally with competitive rates.
If your business is in transition and in need of hard money, please don’t hesitate to call us. Our bridge loans are designed to help you do exactly that – bridge the gap.