Question 1

How fast can bridge loans close in Industry?

Accepted Answer

Most bridge loans close in 14-21 days with clean title and appraisal. Environmental reviews on industrial sites can add two weeks.

Question 2

What happens if my existing property doesn't sell during the bridge loan term?

Accepted Answer

Most lenders offer 6-12 month extensions at higher rates. Some require principal paydown to extend—negotiate extension terms upfront.

Question 3

Can I get a bridge loan on an industrial property I'm currently leasing out?

Accepted Answer

Yes, if you have a buyer lined up or refinance approval pending. Lenders need proof the rental income covers both loans during the transition.

Question 4

Do bridge lenders require personal guarantees in Industry?

Accepted Answer

Most require personal guarantees on loans under $5M. Larger commercial deals sometimes avoid recourse if the property cash flows strongly.

Question 5

What's the minimum credit score for commercial bridge loans?

Accepted Answer

Most lenders want 620+ FICO for commercial bridge loans. Strong exit strategies and low LTV can overcome 580-600 scores.

Bridge Loans in Industry: Fast Commercial Financing for Industrial Property Transitions