Financial ventures in Parker's marketplace often require a level of speed and precision that the traditional route simply cannot achieve. When you need funds for an important transaction and you need them quickly, a bridge loan is a great option for meeting that challenge.
Convenient and fast, a bridge loan from Veristone can keep you from missing out on an opportunity when a traditional loan can't be processed in a timely fashion. If you need to sell a property faster than the market will bear or need to buy out a partner quickly, a Veristone Parker bridge loan is the right solution for you.
If you have a viable exit strategy that is short-term—within 12 months of the funding of the loan—Veristone's standard bridge loan is an excellent loan product to consider. This loan must be securitized in first lien position on either residential, multi-family, or commercial real estate; we do not extend bridge loans for land purchases. Your Parker bridge loan can be used for (1) purchase transactions, (2) refinance transactions or (3) cash out transactions.
Financial ventures can be tricky, time-sensitive, and stressful. With a Veristone bridge loan, these hurdles can be overcome so that you can achieve your business goals quickly and easily.