Benefits of Bridge Loans

The main alternative to a bridge loan is borrowing hard money from a private investor. The benefits of bridge loans are clear when comparing these alternative side by side.

Not only are bridge loans the cheaper alternative to hard money, they are just as quick and also have flexible underwriting.

Bridge Loan Benefit Breakdown

Loan Source	Bridge Loan from SNCLoans	Hard money from a Private Investor
Interest Rates	Around 10%	15-20%
Overall Cost to you	Lower	Higher
Stability	In business for years, portfolio company	Depends
Prepayment penalty	No	Depends