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Bridge Loan Can Convert Caribbean Property Equity to Cash

Hard Money, Bridge Loan on Commercial Caribbean Real Estate Can Free Up Needed Cash Fast

 

Bridge LoanA hard money, bridge loan for your Caribbean property may be just what you need to access capital if you are having trouble making ends meet. A bridge loan helps you to "buy time" between your cash flow ups and downs. A hard money bridge loan is not a long term solution, but it is an excellent short term solution to your money problems using your Caribbean property as collateral. If for some reason your business income has been eclipsed by your expenses, you may need to borrow money to pay for those additional expenses until your business income is stabilized. A hard money, bridge loan can be the answer to this dilemma.

 

A bridge loan on your Caribbean Property can allow you to take control of your finances again. But it comes with a warning as a bridge loan is a short-term solution or a "quick fix" and should not be considered as a long term solution. Once funded, you need to be sure that you can repay your bridge loan according to terms and within your income constraints! You don’t want to have to take out another bridge loan on your Caribbean property to pay for your current bridge loan! Secondly, if you are taking out a hard money bridge loan every month or two (even if you are paying them off regularly) that should be a warning sign that you have a cash flow problem that needs to be addressed. And when you have a cash flow and budgeting problem, you either need to increase your income or decrease your expenses.  A hard money, bridge loan on your Caribbean property should be used wisely and only when necessary.

 

A hard money, bridge loan on your Caribbean property can help with paying an annual or once-a-year payment has come due for which you simply do not have the money for or the ability to pay. This could be a property insurance premium, annual property taxes, or annual life insurance premiums for your employees which could be an immediate need for some additional capital. Unfortunately, paying those business expenses is not optional… especially if you want these services! Things happen beyond one's control as it could be a sudden loss of a large anchor tenant or possibly and unexpected capital repair or necessary improvement to your Caribbean property  that can leave you short of cash one month. This can happen at anytime with a business and a commercial Caribbean property especially in a down economy. Sometimes a business opportunity or business or property expansion may be warranted and the cash needed quickly. Either way, your solution could be a hard money, bridge loan on your Caribbean property.

 

A hard money, bridge loan can help you to be sure that you are in control of your business expenses and obligations by accessing capital from your Caribbean property. You can meet your immediate needs for capital and then pay back the hard money, bridge loan over time. Be sure to have a defined plan of action and a clear exit strategy because no one wants to conduct their business without sufficient capital for day to day operations and additional reserves. There’s no need to be hit hard by a weak economy and unexpected budget short falls due to an underperforming  economy and a loss of business income. If that’s the case, you can simply apply for a commercial hard money, bridge loan in the using the equity in your Caribbean property as your solution!