Southeast Bridge Capital

Charlotte, NC·Founded 2010·—

Southeast Bridge Capital is a direct, small balance real estate lending platform covering the Southeast markets and is a wholly owned subsidiary of a $400 million debt fund that has been in business since 2010.

Southeast Bridge Capital describing itself

Loan programs

Offers— no published terms

Bridge Commercial Fix & Flip Ground-Up Construction Land & Lot

Terms & qualification

Typical loan size: $250K – $2M
Typical term: 6 mo – 24 mo
Interest rate: 10% – 15%
Origination / points: 2% to 5%
Lien position: 1st
Prepayment penalty: Pre-pay penalty will vary from loan to loan but is typically no less than six months
Payment structure: Interest Only
Recourse: Sometimes
Closing speed: 21 days typical · 5 days fastest
Prepayment structure: None
Cross-collateral: Yes
Equity / JV capital: No
Borrower entity: Individual(s), LLC, Limited Partnership, Trust, Corporation

Property types

Land & Lots

Lending footprint

Not reported.