Business Bridge Loans For Quick Short-term Funding

Bridge Loan Financing is fast, temporary funding that helps fill the gap between costs and available cash. Get cash in days to meet daily expenses such as paying bills, paying employees, or even funding new operations before seeking long-term capital.

Business Bridge Loans: Link the Gap to Sustainable Business Outcomes

Automatic Payments

Fees are debited at the agreed intervals by the payment schedules. You also do not have to make payments manually.

Flexible Repayment Terms

Select the repayment term suitable for your business, from 3 months to 24 months.

No Hidden Fees

Only a fixed fee will be applied, and no additional charges will be incurred.

Description

Our bridge loans provide businesses with a robust, flexible short-term working capital financing source. We offer loans as a short-term solution when you need the cash upfront until you get a better solution that will be more permanent, secure, and flexible. Bridge loans can be used to execute acquisition deals, expand an enterprise’s operations, and manage its cash flows.

Bridge Business Financing Solutions are typically offered at $250k– $500,000 with customized repayment plans at Purple Tree Funding. You can use this bridge loan to meet payroll, pay your suppliers, advertise your business, or do other activities when you need funding urgently during that crucial stage of business development before securing a permanent funding source.

At Purple Tree Funding, both the application and funding procedures enable the immediate availability of working capital for time-sensitive business prospects. So, our Capital Funding Company is a versatile type of financing that can be utilized to fund a business’s short-term working capital needs while it is working on its strategic, large-scale growth and development initiatives.

Obtain Approvals With 3 Simple Submissions

Our commercial bridge loan is known for reliability.

Valid documentation for short-term finance

Summary of bank transactions

Submit 3 months' bank statements and get access to funds

Get Funding Fast With Our Streamlined Process

We know that when seeking capital for your business, you require the capital immediately without the need to go through a lot of processes. That is why our application and funding procedure is clear, and we can provide you with working capital as soon as within 24 hours.

About Us

Unlock the potential of your businesses with Purple Tree Funding, A leading Business Capital Funding company! We are the dedicated, premier, and one-stop shop for business capital funding. Besides being dedicated and providing easy terms and conditions, we are fueling the dreams of entrepreneurs like you. With unmatchable expertise and relentless commitment to customer satisfaction, we have cemented our status as a go-to provider for swift, flexible, and tailored funding solutions. Backed by a team of seasoned professionals, we have the complete know-how of every small and medium-sized business’s unique challenges. We empower businesses with all the resources they need to reach new heights of success. By choosing Purple Tree Funding, you will experience a difference in this ever-evolving landscape of the business capital funding industry.

Our Mission

Our mission is to provide customized funding solutions without any restrictions or obstacles. We are poised and committed to transforming the financial landscape with easy and quick funding solutions. To unlock its full potential, our experts craft innovative and reliable funding solutions for each client. We are a trusted partner for those navigating market fluctuations, unlocking avenues for growth to reach unprecedented success.

Our Vision

Our vision entails their commitment to offering superior financial services and building enduring relationships. After identifying goals and objectives or analyzing the needs and wants, we get deeper into needs and develop funding solutions for growth. In addition to being the leading lender and a reliable and long-term financial partner, we have assumed the role of a value-added strategic partner and a trusted fund partner.

Frequently Asked Questions

How do I get a bridge loan?

To obtain a bridge loan, you must approach a bank or a private bank and apply for one. You will be required to present financial statements showing your capacity to repay the loan and security for the loan until you repay it. There are more conditions attached to bridge loans than standard loans because of the short-term and high-risk nature.

What are the pros and cons of a bridge loan?

Pros: Quick access to funds, can be used to exercise opportunities that need capital, necessary in the sale of one house to purchase another.
Cons: High interest and fees, credit criteria, brief repayment period of less than one year, and evidence of security is usually demanded.

How Is a Bridge Loan Paid Off?

Bridge loans are due anywhere from 6 months to 3 years out when you repay the loan using other sources of finance or by selling the property or cash reserve.

What is the difference between bridge loans and traditional loans?

Bridge loans are generally short-duration and provide the required finance for a short period of time before longer-term financing is arranged. This is quite different from conventional loans such as mortgages and auto loans, which take 1-30 years to be fully repaid. Another disadvantage of bridge loans is that they are usually expensive and come with higher points and rates.

Can I Get a Bridge Loan with Low Credit?

As for credit, it is difficult to obtain a bridge loan and this type of financing presupposes a flexible approach to evaluating applicants’ solvency and credit history. As expected, bridge loans are usually provided by lenders with credit scores of more than 650 to 700. It will still, however, prove expensive, and you may be charged a higher rate of interest on your preferred loan. Other factors may also affect the approval and they include; the amount of debt compared to your income, your available assets for pledging for the loan. However, it is wise that one should first try to build up on his/her credit score before applying for a card.

What Should I Know Before Applying for a Bridge Loan?

Ensure that you know all the charges and interest, have a clear way of repaying the amount, and then evaluate if it is a must before following through. The terms are not flexible long term.

Purple Tree Funding LLC

Our dedicated team of funding experts is here to address all your inquiries and concerns.

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