Strongbridge Funding
Financial Services - , ,
Strongbridge Funding Employees
Strongbridge Funding Senior Management
Strongbridge Funding Details
Strongbridge Funding, LLC (SBF) is a seasoned private lender that provides transactional funding for short sale purchases and other investor related activity. These may include short sales, REOs, FSBOs, commercial transactions and any other simultaneous real estate closings, commonly referred to as an "ABC" transaction.SBF services are vitally important to the real estate industry, as evidenced with their funding of transactions through the short sale negotiation firm, Turning Leaf Advisors and the real estate software provider, Short Sale Builder. SBF is now excited about offering their funding capabilities to clients outside of their immediate fold as they know their product is extremely competitive in the current marketplace.SBF is different from other transactional lending companies as they control all of the funds they loan. Once they receive the required documents to review and approve the deal, that's it, no red tape or secondary approvals needed. SBF has become so efficient that many clients have come to them from other lenders that couldn't get their deal funded at the last minute. SBF is able to step in and fund so the deal can close. SBF's close relationship with their private bank enables them to provide superior service unmatched in the industry.Funds can be made available on average in 24 hours if all information is submitted for review promptly. The funding approval is based on the deal itself; not the borrower's credit, financial status or Loan to Value (LTV).SBF funds transactions between $10,000 and $10,000,000. Transaction sizes greater than $10,000,000 will be considered on a case by case basis. In addition, SBF provides Proof of Funds letters for all of its clients when requested. The fee charged for the borrowed funds is 2.00% of the principal loan amount, with a $2,000 minimum, and a $300 administrative processing fee.For more information or to "get funded" contact Strongbridge Funding at info@strongbridgefunding.com
