NEWS AND
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BLOG
What we learn placing capital every week,
written down while it is still useful.
Issue #3: Approved Isn't the Same as Funded
A signed LOI, SBA financing approved in principle, and 45+ days before it would fund. Approval tells you a deal is bankable. It doesn't tell you the money arrives on the date you need it.
Issue #2: Rate Wasn't the Problem. The Closing Date Was.
A distributor had 10 days to buy a bulk inventory lot at a steep discount. The bank could have underwritten it eventually, just not in 10 days. What a 2nd lien bridge did instead.
Issue #1: The 3 Signals a Deal Is a Bridge Candidate
A bridge loan has one job: buy time without giving up the asset. The structure in plain terms, and the three signals that tell you a deal belongs in the bridge lane.