We recently closed a $500,000 private money bridge loan for a general contractor in Los Angeles. The GC needed operating capital to launch/service a $15M project he is building for a client. We used his primary home as collateral for this loan taking a 2nd position behind his 1st position bank loan. The Loan to Value was less than 55% LTV with a borrower that has had good income and good credit.
Equity Bridge Capital is a leading provider of private credit real estate financing. Based in San Francisco, we offer various types of private investor, non bank 1st and 2nd position loans secured by residential and commercial properties throughout California and select locations Nationwide. Our loans range from $200K to $20M+ for purchases, refinances, and construction projects ( 1/2 built and ground up ).
For more info on our private money lending programs, please contact me :
Art Gilberg - Broker/Owner
Equity Bridge Capital
Mobile: 415-760-2338
Email: art@equitybridge.com
CA DRE Li# 01868465
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