Bridge Versus Hard Money

Bridge and hard money loans are both short-term in nature, but there are differences between the two. A bridge loan helps facilitate a shorter wait period before you can begin work, while a hard money loan is an asset-based secured loan based on the value of a particular piece of real estate. Companies that have had difficulties acquiring other means of financing for one reason or another, or those that are in financial distress can often utilize hard money loans.

Next Steps

1st American Commercial Lending can help you evaluate whether a bridge or hard money loan is a viable option for your business. We rely on our extensive commercial lending experience to help guide your company toward a brighter financial future. Please contact us to learn more today!