Intermediate Term Financing

ABU Cluster Funds LLC offers intermediate-term financing designed to provide clients with terms of up to three years on cash flowing properties and transitional assets.  Clients frequently utilize intermediate-term financing as an important component of the capital structure during the transitional period to bridge to long-term permanent financing.  

Where traditional banks are incapable of underwriting  a unique situation, ABU Cluster Funds LLC dedicates the time and expertise to understand the client's business plan.  ABU Cluster Funds LLC has financed scores of clients through a transitional period to long-term institutional debt.  

Loan Details

• Amount: $1-20 million
• Term: 18-36 months
• LTV: Maximum of 90% as-is, 70% as-stabilized
• Commitment Fee: 1-3%, varies by transaction
• Interest: 8-11%
• Security: First mortgage; second mortgage and mezzanine available at competitive pricing
• Other: Recourse; Typically interest-only