Loan Size Target $1,000,000 – $15,000,000
LTV Up to 70% LTV
Lien Position First Position Lien on Primary Collateral
Term Generally 12-month Loan Terms with Optional Extensions
Geographic Focus Nationwide*
Eligible Property Types All Commercial Property Types and Residential Multifamily**

* On a case-by-case basic in select states
** No Land or Development

Pender Capital Funding employs a stringent underwriting criteria, providing short-term, commercial bridge loans to financially sound borrowers that are able to demonstrate substantial equity positions in their assets. The senior-positioned loans range from $1 million to $15 million and hold the underlying commercial real estate as collateral.

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Acquisition Criteria