Transactional And Bridge Loan Funding
Canopy South Financial (CSF) understands that investors occasionally need transactional, or short-term bridge funding, to complete a deal or to secure a closing. Transactional funding, or short-term bridge loans, are often used by investors for short durations in order to make deals possible when they don’t have the immediate funds available.
CSF can provide investors who lack immediate funds with the resources they need to close a deal. Typically transactional loans are made for a single day; however, CSF is prepared to assist investors for durations of up to one month.
Assuming all the funds are placed in escrow and all paperwork is in order, CSF will consider bridge loans. Borrowers will find that Canopy South’s rates are competitive within the industry for these types of loans.