Commercial bridge loans between $500,000 and $25,000,000 fill the critical capital gap when a commercial property cannot yet qualify for conventional bank, CMBS, SBA 504, or Fannie Mae / Freddie Mac agency financing. Common triggers include high vacancy (below 85% physical occupancy), deferred CapEx, maturing bank notes, partner buyouts, or adaptive reuse conversions.
2026 Commercial Bridge Underwriting Standards by Deal Size
| Commercial Tier | Loan Size Range | Typical Max Leverage | Rate Structure (2026) | Top Active Lenders |
|---|---|---|---|---|
| Small-Balance CRE | $500K to $2.5M | Up to 80% LTC / 70% LTV | 9.50% to 11.75% Fixed I/O | RCN Capital, Versara Capital, Lima One |
| Lower Middle-Market | $2.5M to $10M | Up to 80% LTC / 75% LTV | SOFR + 375 to 550 bps (or 8.75% to 10.75%) | CoreVest, Lima One, Versara Capital (to $5M) |
| Institutional Middle-Market | $10M to $25M+ | Up to 75% LTC / 70% Stabilized LTV | SOFR + 325 to 475 bps (Non-Recourse options) | CoreVest, Lima One, Debt Funds |
Top Commercial Bridge Lenders Reviewed
- Versara Capital ($500K to $5M Commercial Bridge): Funds multifamily (5+ units), mixed-use, and small-balance commercial bridge loans with 12 to 24 month terms in Arizona, Texas, North Carolina, Georgia, and Alabama. Pricing is set deal by deal, with soft quotes in 24 to 48 hours.
- CoreVest Finance ($75K to $50M+): Single-asset bridge and fix-and-flip loans from $75K, multifamily bridge loans from $3M to $15M+, and credit lines up to $50M+ for build-for-rent communities and multi-property rental portfolios.
- Lima One Capital ($1M and up Multifamily): Stabilized and value-add apartment bridge loans (up to 85% LTC on value-add deals) with in-house CapEx draw management and 24 to 36 month terms.
Before signing a commercial bridge term sheet, stress-test your stabilized NOI, exit cap rate, and 1.25x DSCR permanent takeout using our Commercial Bridge-to-DSCR Exit Calculator.