Bridge Lending
NCCM provides real estate backed first lien bridge loans on operating properties where the borrower or the property does not meet traditional commercial banking lending standards due to extenuating circumstances such as tenant vacancy or prior bankruptcy. Loans are funded under the following criteria:
| Property types | Commercial real estate (retail, industrial, and office) |
| Loan amount | $1 Million to $10 Million |
| Geographic focus | Nationwide with a concentration in the Southeast |
| LTV | Up to 70% |
| Interest rate | 10-14% |
| Term | 12-18 months |
| Prepayment period | 6 months |
| Origination fee | 2-3% |