Meridian also provides clients with interim financing solutions needed for any number of reasons, and maintains strong relationships with the premier providers of bridge loans for commercial real estate properties.
Meridian’s mortgage advisors appreciate that, in the commercial real estate market, good opportunities often require bridge financing to facilitate a quick closing or to capitalize on a short-term market fluctuation.
Our mortgage advisors access short-term bridge financing in accordance with a client’s business plan, particularly when unusual circumstances on a project complicate financing from traditional lenders.
Meridian personnel stay closely engaged with the client and the asset until permanent financing can be arranged, saving the client the substantial time and effort that would be entailed in refamiliarizing lenders with the property.
Bridge loans are short-term cash solutions that help keep the business alive while a longer term loan option is pending.