At Sunlite Mortgage, we understand that self-storage properties require flexible and tailored financing solutions to meet the unique needs of property owners. That is why we offer bridge financing options designed specifically for self-storage properties, allowing borrowers to bridge the gap between their current situation and their long-term financing goals.
Our bridge loan terms are designed with your flexibility in mind. With terms ranging from three months to three years, you have the freedom to choose the duration that best suits your needs. We offer floating interest rates that provide you with the opportunity to take advantage of market fluctuations and potentially secure more favorable rates. Additionally, our bridge loans allow for some form of early prepayment, giving you the flexibility to repay the loan ahead of schedule without incurring excessive penalties.
Bridge financing is an ideal solution for borrowers who have yet to secure standard financing or who need additional time and flexibility to explore their options. Whether you are contemplating a property sale, a change in ownership structure, or implementing other business strategies, our bridge loans can provide the necessary capital to support your plans. They can also be used opportunistically to execute operational improvement strategies, such as substantial property rehabilitation and stabilization, with the goal of positioning the property for standard financing.
When considering your eligibility for bridge financing, we consider several factors, including consistent cash flows, a strong operational history, and your net worth and liquidity. Our goal is to provide you with a financing solution that aligns with your unique circumstances and supports your business objectives.
At Sunlite Mortgage, we take pride in being your trusted partner in the self-storage industry. Our dedicated team of experts is here to guide you through the bridge financing process, providing you with personalized advice and support every step of the way. We are committed to helping you plot a better future for your self-storage property assets and achieve your financial goals.
Contact Sunlite Mortgage today to explore our bridge financing options and discover how we can provide you with the common-sense lending solution you need to unlock the full potential of your self-storage property. Let us be your partner in realizing your vision.
