A new first-time borrower approached us seeking short-term financing to acquire vacant land adjacent to their well-established ski and golf resort, with the goal of supporting future expansion. With a one week, time-sensitive purchase requirement, the borrowers needed an immediate capital solution to secure the property and avoid losing the acquisition opportunity.
Next Bridge Funding provided a two-month, $7,000,000 loan with extension options designed to align with the borrower’s land acquisition timeline and long-term development strategy, allowing the borrower to expand their resort acreage and support ongoing business growth.
By establishing value for the existing resort operations and the importance of the adjoining land, our team was able to deliver a fast-financing solution within the required one-week timeframe.
