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Acquisition Criteria 2017-11-02T22:52:20+00:00

TARGET LOAN PROGRAMS

Loan Size Targets $500,000 – $10,000,000
LTV Up to 70% LTV
Lien Position First Position Liens on Primary Collateral
Terms Generally 12-Month Loan Terms with Optional Extensions
Geographic Focus Nationwide*
Eligible Property Types All Commercial Property Types and Residential Multifamily**
  • * On a case-by-case basis in select states
  • **No Land or Development

ACQUISITION CRITERIA

Pender Capital employs a stringent underwriting criteria, providing short-term, commercial bridge loans to financially sound borrowers that are able to demonstrate substantial equity positions in their assets. The senior-positioned loans range from $1 million to $10 million and hold the underlying commercial real estate as collateral.