Time was of the essence. Subs were ready to take other jobs and weather delays were coming. Timing was not on our client’s side. Instead of shutting down the site until a resolution with the bank could be found, a broker called TFG to see if we could help. Within weeks, a construction loan was in place and no time was lost. The hotel was completed on time to meet the high summer demand.
Company was expanding a part of the warehouse and had no time to waste. They only had 90-120 days until the new expansion was needed and a local bank let them know it would take at least that amount of time just to get loan approval. TFG was called by a broker to step in for a bridge loan. Within days, the loan was funded and deadlines were met. Once complete, the bank was able to refinance our loan and keep a great client. We were the right lender at the right time.
Borrower was very bankable and had several banking relationships willing and able to fund this transaction. Problem: the deal had to close in two weeks due to a 1031 deadline. TFG quickly offered a commitment and closed within days of first meeting. Not only did the borrower keep his 1031 privilege, he was able to pay off the TFG loan within 30 days using local bank financing.
After a successful legal battle to determine option rights, the borrower needed certainty of funds to close on the transaction. TFG was called to make sure funds were available immediately to ensure no more delays led to another visit to the courts. Loan funded… problem solved.
Hotel, Gas Stations, Self Storage, Mini Storage, RV Parks, Bare Land, Mobile Home Parks…
Since 2004 Tritalent Funding Group, Inc has built its reputation on clearly communicating our ability to close a loan when our clients need it most. Commercial Real Estate can be complex and a quick yes or no is something our clients and referral partners value. Explore our loan programs page for more information about what we can offer.
1-4 Units, Non-owner Occupied, Acreage, Mix-use, Vacation homes
Whether it’s a Fix and Flip or a Buy and Hold, we’ve worked with hundreds of clients to buy, renovate, and resell single family homes. Speed is the name of the game more often than not and we are here to deliver. Explore our loan programs page for more information about what we can offer.
We understand this process and take great pride in …
Residential and Commercial construction projects can be complicated. Materials, people, expectations, and deadlines all have to come together in the right place and at the right time. We understand this process and take great pride in watching our borrowers create something out of nothing. Explore our loan programs page for more information about what we can offer.