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Commonwealth Capital

Haverford, PA·Founded 2010·8 states
Visit website ↗1789339357
Commonwealth Capital provides short-term bridge and mini-perm loans for businesses and real estate investors who do not qualify for traditional bank credit or need a rapid response and quick closing. Unlike many other private lenders, we hold all our loans on our own balance sheet — which gives us the ability to lend outside of typical underwriting standards. And because we underwrite, fund, and service all loans internally, you can expect an expedited process and direct access to decision makers.
Commonwealth Capital describing itself

Loan programs

Offers— no published terms
BridgeCommercialGround-Up Construction

Terms & qualification

Typical loan size
$100K – $4M
Typical term
1 mo – 60 mo
Interest rate
12% – 15%
Origination / points
2% to 4%
Lien position
1st
Prepayment penalty
no
Payment structure
Interest Only
Recourse
Always
Closing speed
21 days typical · 5 days fastest
Prepayment structure
None
Cross-collateral
Yes
Equity / JV capital
No
Income documentation
Credit Report, Tax Returns, Financial Statements, Loan Application
Borrower entity
Individual(s), LLC, Limited Partnership, Trust, Corporation, Non-Profit Corporation, Self-Directed IRA

Lending footprint

CTDEFLMDNJNYPAVA

Sources

This record was compiled from the public pages below. Figures reflect what each source published when it was retrieved and are not a quote — confirm current terms with the lender.