Sometimes, the difference between the investor or developer who acquired the property and the one who didn’t is the speed at which they can secure the required soft deposit funding.
Speed matters in normal markets, and it matters even more in competitive markets.
This applies whether you are raising earnest money deposits (EMD) or the property’s purchase price (through debt or equity).
Therefore, as a CRE investor or developer, you should know the fastest funding solutions you can explore when you need to raise funds to purchase a property of choice.
In what follows, we will consider 5 of the fastest funding solutions in the CRE space.
1.Duckfund
Duckfund is a CRE financing company that provides EMD, equity, and debt financing for commercial properties across major US states and the Sun Belt.
Best known for
Duckfund is best known for its flexibility. It provides solutions that are appropriate, given the dynamics of the markets each investor or developer is dealing with.
Key advantages
- Accessibility: Duckfund does not impose the same stringent requirements that traditional lenders do.
- Quick disbursal: You can get your EMD transferred to an escrow within 48 hours. Equity and debt financing are also disbursed quickly.
- Transparent fees: No hidden fees
- Variety: You can finance the purchase price of any property with either equity or debt financing.
Ideal for
Duckfund is ideal for investors operating in competitive markets.
2. Financely Group
Financely Group is a private capital structuring and placement firm that specializes in CRE, project finance, and trade finance.
Best known for
Financely Group is best known for connecting investors and developers with global lenders.
Key advantages
- International access: CRE developers or investors can have access to investors from across the globe.
- Variety: The company provides access to gap financing, mezzanine, unitranche, and preferred equity.
- Timely closing: Financely Group will ensure you get quick access to the needed funds.
Ideal for
Financely Group is ideal for mid-to-large scale developers or investors who need access to international capital solutions.
3.Private Capital Investors (PCI)
PCI is a financing company that offers bridge, hard money, and stated income loans to CRE developers and investors.
Best known for
PCI is known for supporting both mid-market and large-scale projects.
Key advantages
- Fast approval: They approve loans within 48 hours.
- Variety: You can choose between bridge, hard money, and stated income loans.
- Accessibility: They are willing to work with CRE investors with imperfect credit profiles.
Ideal for
PCI is ideal for investors with imperfect credit profiles.
4.Fast Commercial Capital
Fast Commercial Capital is a CRE funding company that provides hard money loans, fix and flip loans, ground-up construction loans, and other forms of CRE loans to investors and developers.
Best known for
Fast Commercial Capital is best known as an alternative CRE lender with a nationwide presence.
Key advantages
- Supports multiple sectors: The company supports deals in multifamily, mixed-use, industrial, and retail sectors.
- Fast closing: After approval, it closes deals in days.
- Supports large-scale projects: Investors and developers can get loans up to $100 million.
Ideal for
Fast Commercial Capital is ideal for those working on large-scale projects.
5.Grand Financial Management
Grand Financial Management is a financing company that provides flexible CRE loans for new constructions, the purchase of existing properties, and renovations.
Best known for
Grand Financial Management is best known for the flexibility of its loans.
Key advantages
- Variety: Grand Financial Management provides bridge loans, construction loans, and construction mortgages, among others.
- Accessibility: Instead of credit reports, they focus on cash flow, tenant quality, and debt service coverage ratios (DSCR) in evaluating borrowers.
- Multiple sectors: It supports deals in multifamily, retail, mixed-use, office, and light industrial sectors.
Ideal for
Grand Financial Management is ideal for developers and investors seeking flexible loan structures.
In terms of the scope of funding, Duckfund seems to tick all the right boxes.
They provide EMD funding at the beginning of the deal so you can get a foot in for negotiation and inspection. After that, you can choose between debt and equity financing to finance the property’s purchase price.
If you want a funding company that can be your partner every step of the way, Duckfund seems most appropriate.
