Our Story
Real estate investment is a lucrative field with significant potential for profit, particularly when it comes to properties that require renovation. These properties often present the most substantial opportunities for return on investment, as the cost of buying and renovating can be considerably less than the property's eventual market value. However, securing the necessary funding for these deals can be challenging.
Traditional banking institutions typically favor properties that are already in excellent condition. They are seen as less risky and more likely to yield a return with issues. As such, banks are often hesitant to lend on properties that require substantial renovation work. This leaves real estate investors in a predicament - the most profitable deals are often the ones that are hardest to get funded.
Why Bridge Loans?
That's where private bridge loans come into play. Bridge loans are a type of short-term financing that can fill the gap between the immediate need for funds and the eventual availability of long term financing. While these loans come with higher interest rates and fees than traditional bank loans, they can be a vital tool for real estate investors.
The cost of a bridge loan should not be compared directly to the cost of a bank loan. Instead, investors should consider the opportunity cost of not pursuing a potentially profitable deal. If a bridge loan allows an investor to secure a property that can be renovated and sold for a significant profit, the cost of the loan may well be worth it.
In essence, bridge loans provide real estate investors with the opportunity to capitalize on deals that traditional banks might overlook. By providing quick, short-term funding, these loans can help investors turn rundown properties into profitable investments. Despite the higher costs associated with bridge loans, the potential for high returns makes them an attractive option for savvy real estate investors.
At Kirkland Capital, we deeply value you and the crucial role you play as a loan broker. We understand the importance of maintaining strong relationships with our brokers, as they are a key part of our loan origination process. With this in mind, we work exclusively with loan brokers, ensuring that all inbound direct loan inquiries are promptly referred to our trusted network of brokers.
We are committed to ensuring that you are compensated for your hard work. Broker fees are clearly listed on the Term Sheet and are included in the Loan Documents. This transparency guarantees that you are paid directly from escrow at the time of funding.
Understanding the fast-paced nature of your work, we have designed a swift and streamlined Scenario Quote Process. We know that you need quick quotes to get back to your clients without the burden of asking for too much documentation. That's why we've got your back! With our lite online loan scenario request, we target a quote back to you in two business days.
Loan Broker Focused
Why Micro-Balance Loans?
Most lenders will not consider commercial real estate bridge loans under $1 million due to extensive manual process; our technology and process enables us to fund these loans.
We're passionate about supporting loans in secondary and tertiary markets, as well as in select small towns where borrowers play a key role in refurbishing affordable housing and small commercial buildings. This not only boosts the local economy but also leaves a positive imprint on society and the environment. We take great pride in standing behind borrowers from minority communities and those striving to enhance housing conditions in minority neighborhoods.
Do Well and Do Good
“My commercial mortgage brokerage firm does a lot of bridge loan deals and it seems like I always have a deal in my pipeline with Kirkland's name on it. My experience working with this company has been nothing but world-class service and professionalism. It is a rare thing to meet a group of people who say what they mean and mean what they say. Kirkland Capital Group are those people.”
Malcolm Turner, CEO and Founder, Castle Commercial Capital LLC
Ready to Submit a Loan?
Use a bridge loan to help your borrower quickly take down a deal, then transition them to long term financing.