Picture this: you’ve found the perfect commercial real estate property that you can envision yourself building a career out of. The property is listed at an unbeatable price and you can already sense that the competition to close the deal will be tight. You want to put the money down, but you don’t have the immediate funds to do so. While one of the fast-cash options would be to sell a property you already own, that process alone could take months to sell—causing you to miss out on the property of your dreams. This is where a bridge loan comes in handy.

At Source Capital, we offer bridge loans to commercial real estate entrepreneurs like you. Our bridge loans are designed to provide the capital and time needed to take the leap toward your next business venture. Our services span all across the state of Texas, assisting investors from San Antonio and El Paso to Houston and Austin. Close the deal, secure the property, and watch your profits grow—with Source Capital, we understand your business goals and work hard to help you achieve them.

Look no further for a lender you can trust. With a star-studded track record of success and a combined 65 years of experience, Source Capital is the Lone Star State’s premier bridge loan lender.

Have a specific question in mind? Use the links below to find your answer:

What is a bridge loan?

When should I use a bridge loan?

What kind of properties are eligible for bridge loans?

What are the benefits of a hard money bridge loan?

Where can I find a bridge loan lender?

What is a bridge loan?

Hard money bridge loans are short-term temporary loans that make transitioning from an existing commercial property to a new property financially seamless. In essence, bridge loans are designed to bridge the gap between old transactions and new ones. Borrowers are able to utilize the equity in their current property to leverage the costs of purchasing a new property.

Bridge loans typically come with term periods that last up to 12 months—the perfect amount of time to allow you to secure your new property while squaring away the finishing details of selling your old property. Because the average person cannot afford to pay two mortgages at once, bridge loans are the optimal choice for buyers on a budget.

When should I use a bridge loan?

Bridge loans are excellent solutions for those looking to secure a new business property while simultaneously looking to sell an existing business property. These loans are especially useful for real estate investors who wish to capitalize on the promise of a new property venture without any of the unnecessary hassle of a traditional lender.

For years, ambitious entrepreneurs have chosen hard money bridge loans over traditional bank loans because of the streamlined process. At Source Capital, we focus on the equity of your current property rather than your personal financial credentials to get you the funding you need, as soon as you need it. We understand the fast-paced nature of the real estate world, and our easy approval process ensures that you stay one step ahead of the curve.

Whether you’re a business owner with your sights set on a newly renovated space or a developer with an eye on a pretty seaside apartment complex, you can count on Source Capital to get you the funding you need to secure the property of your dreams.

What kind of properties are eligible for bridge loans?

As per the regulations set by the Texas Homestead Act, Source Capital can only finance loans to secure non-owner occupied business-related properties. This means we only lend to borrowers looking to acquire hard money bridge loans to transition from one business-intended property to another.

Texas hard money lenders offer bridge loan financing for a variety of non-owner occupied business-related establishments. These eligible properties include:

Commercial properties:

• Industrial zones: distribution centers, warehouses, manufacturing factories
• Hospitality centers: restaurants, hotels, motels, B&Bs
• Office spaces: businesses, executive suites, medical offices
• Multi-family units: planned communities and complexes

Residential properties:

• Apartments, condominiums, complexes
• Fix-and-flip properties: remodels, renovations, buy-and-holds
• Single-family, duplexes, triplexes, and quadruplex residences

What are the benefits of a hard money bridge loan?

Wondering about the many benefits of hard money loans? Look no further! Source Capital bridge loans come with a slew of attractive benefits for eager investors. From expedited processing to short-term repayment periods, our hard money bridge loans are designed to get the ball rolling on your next real estate venture.

Our clients choose us because we:

• Offer a comprehensive and streamlined application process
• Guarantee quick approval turnaround times, typically alerting you of your status within 24 hours of submission
• Offer faster funding and closing times than any traditional bank, typically wiring your funds within 7-20 days following your loan approval date
• Do not require a minimum credit score
• Do not require a minimum income
• Do not leverage approval upon financial history
• Offer fixed interest rates: the lowest beginning at only 7.99%

Where can I find a bridge loan lender?

Since our inception, Source Capital has secured over $250,000,000 in hard money loans, partnering with zealous investors, agents, and buyers all across the state of Texas and beyond. Whether you’re in Dallas or Fort Worth, we’re just one call or click away for your next Texan business venture.

Our services reach beyond the limits of the Lone Star State, too. All the way from sunny San Francisco, California to marvelous Minneapolis, Minnesota and so many cities in between, you can count on Source Capital for all of your financing needs. From commercial bridge loans to residential hard money loans, we’ve got you covered.