Boca Raton, FL, March 14, 2023: QuickLiquidity, a direct lender for commercial real estate, has announced the closing of a 1st mortgage bridge loan. The short-term loan was secured by an investment single family home in Ocala, FL.
The borrower owned the property free & clear but quickly needed working capital to close on a new investment real estate acquisition.
By working with QuickLiquidity, the borrower was able to access liquidity in the time frame they needed it.
This was an asset-based loan with no credit score requirements, no tax return requirements, no employment history requirements, and no personal bank statement requirements.
“The commercial real estate bridge loan space is incredibly competitive. So why do borrowers continuously choose to work with us?” asked A. Yoni Miller, Principal of QuickLiquidity. “It’s because we have a proven track record of closing time-sensitive transactions. We let our borrowers tell us what matters the most to them and then we create tailored loans to meet their specific needs. We care about what they care about.”
Have questions regarding 1st mortgage bridge loans? Give us a call right now at 561-221-0881.