Nelson Funding is pleased to announce the closing of a $1,597,500 bridge loan for a 21-unit multifamily building in Ogden, Utah. The borrower needed to close quickly and Nelson Funding was able to perform when other lenders couldn’t. Nelson Funding provided a bridge loan at...
Nelson Funding is pleased to announce the closing of a $2,040,000 bridge loan for a 28-unit multifamily building in Ogden, Utah. Nelson Funding was able to close quickly and perform when other lenders backed out. The bridge loan carried an interest rate of 8.875% at...
It's not uncommon for people to oversimply the amount of hard work and effort that goes into launching a business venture. To some potential entrepreneurs, the only thing that stands between them and their dreams is a bank loan to get everything started. However, it's...
Nelson Funding is proud to announce the closing of a $1,237,500 bridge loan to acquire a 28 unit multifamily property in Lakeland, FL. Borrower needed a quick close after their previous lender didn’t perform. Nelson Funding was able to secure a 75% LTV loan at...
When most people think about bridge loans, they think about using bridge loans to cover some of the upfront fees when selling a home. However, bridge loans can be the perfect funding solution for commercial projects. We discussed the theoretical reasons why a business would...
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