Bridge Financing
Seamless Bridge Financing for Real Estate Transactions
Bridge financing offers short-term capital to cover the gap between selling and buying properties, allowing clients to secure new properties without waiting for existing ones to sell.
Providing Temporary Financing During Property Transitions
Use a bridge loan to fund new property purchase before the sale of an existing one
Avoid delays and litigation in property transactions
Take advantage of time-sensitive investment opportunities
Using Bridge Financing to Secure a New Property
Location: East York, Ontario
Date: September, 2024
Our client needed $400,000 to purchase a new property before their current home sold. They required quick access to funds to avoid delays, losing the purchase and potentially costly litigation from the seller. Benson Capital’s bridge financing solution helped them secure the new property.
Home value: $1,200,000
Current Mortgage: $500,000
Benson Capital ensured a smooth transition and allowed the client to keep the original closing date with an approved $400,000 bridge loan
Benson Capital’s unwavering commitment to transparency is at the core of everything we do. Our comprehensive FAQ section is meticulously designed to address all your inquiries, reflecting our dedication to open communication and honesty. By providing clear, accessible information, we ensure that every investor is well-informed and confident in their decisions. This commitment not only builds trust but also empowers our clients, paving the way for more informed investment choices and enduring partnerships.