Discover the similarities and differences between these two commercial financing scenarios.
In the world of commercial real estate finance, many people use the terms “bridge lending” and “hard money lending” interchangeably. However, there are differences between the two types of financing and those differences can have a major impact on the way your loan is structured and how the approval process works.
Although both have likely been around since the dawn of lending, much of their relevance is rooted in the unique circumstances and explosive growth of American post-war expansion. In the years that followed, a variety of regulatory and economic shifts have created changes in both the availability and necessity of these types of private lending.