A bridge lender is a private lender or investment firm that provides short-term loans to real estate investors and businesses. These loans are designed to “bridge the gap” until permanent financing or a property sale takes place. Unlike traditional banks, bridge lenders focus on the value of the asset and the exit strategy, allowing them to close loans quickly, often in days or weeks.
Bridge lender are popular with real estate investors who need to:
- Purchase a new property before selling another
- Complete renovations to boost property value
- Refinance quickly to buy out a partner or meet urgent financial needs
At Yieldi, we specialize in short-term, asset-based lending across the country. Our streamlined process gives you the speed and flexibility needed to seize investment opportunities without the lengthy approvals of conventional banks.