Private hard money lender specializing in commercial real estate bridge loans, construction financing, and foreclosure bailouts across NY-NJ metro area with 24-hour term sheets.
Editorially reviewed by Harvey Brooks
Brooklyn Bridge Capital is a private hard money lender and real estate investment firm focused exclusively on commercial property lending in the New York and New Jersey metropolitan area. The company positions itself as an alternative to traditional banks, offering rapid financing solutions for real estate professionals, property owners, and brokers. Founded on principles of speed and specialization, the firm targets distressed situations, property acquisitions, and construction projects where conventional lending timelines are impractical.
The company offers a broad range of commercial real estate debt and equity solutions, including bridge loans, hard money loans, construction financing, refinancing, foreclosure bailouts, bank workouts, and debt acquisition services. They finance diverse property types including multi-family residential, mixed-use buildings, office, retail, warehouse, industrial, self-storage, and assisted living facilities. According to their website, they can deliver term sheets in as little as 24 hours with closing in 5-7 business days. Recent loan examples range from $265,000 for land purchases to $30,000,000 for partnership buyouts.
Brooklyn Bridge Capital distinguishes itself through speed of execution, specialized focus on commercial real estate in a specific geographic market, and willingness to finance properties and situations that traditional lenders avoid, including non-performing notes and defaulted loans. They emphasize a team of financial specialists with extensive real estate and lending experience. The company's model relies on quick decision-making and documented equity positions rather than credit-dependent underwriting.
As a private hard money lender, Brooklyn Bridge Capital carries inherent characteristics of this lending category: higher interest rates than conventional mortgages, shorter loan terms, emphasis on property value and exit strategy over borrower creditworthiness, and prepayment incentive structures. The company does not disclose specific rates, fees, or loan terms on their website. Borrowers should expect significantly higher costs than traditional bank financing in exchange for speed and flexibility. This product is suitable for time-sensitive commercial real estate transactions, not for primary residential mortgages or borrowers seeking conventional financing terms.
Yes. Brooklyn Bridge Capital is a registered company headquartered in 300 Penn St #406, Brooklyn, NY 11211. They hold a NR rating with the Better Business Bureau.
CreditDoc Diagnosis
Brooklyn Bridge Capital is designed for experienced commercial real estate investors, developers, and distressed property owners who need fast capital with flexible underwriting. The primary caveat is that hard money lending comes with substantially higher costs than conventional financing—borrowers must carefully evaluate exit strategies and be prepared for higher interest rates, fees, and shorter terms than traditional mortgages.
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Read guide →New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.
Lenders must show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the cheapest loan.
Example
You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.
The percentage a lender charges you for borrowing their money, calculated on the amount you still owe. It's the lender's profit for taking the risk of lending to you.
Even a 1% difference in interest rate can cost you thousands over a loan's life. Lower rates mean less money out of your pocket.
Example
On a $20,000 car loan for 5 years: at 5% you pay $2,645 in interest. At 8% you pay $4,332. That 3% difference costs you $1,687 extra.
The original amount of money you borrowed, before any interest or fees are added. It's the 'real' amount of your debt.
Your interest is calculated on the principal. Paying extra toward principal (not just interest) is the fastest way to reduce your total cost and pay off a loan early.
Example
You borrow $25,000 for a car. That $25,000 is your principal. Your first payment of $450 might split as $150 toward interest and $300 toward principal, bringing your balance to $24,700.
How long you have to repay the loan, measured in months or years. A shorter term means higher monthly payments but less total interest paid.
Longer terms feel more affordable monthly but cost much more overall. A 30-year mortgage costs almost double in interest compared to a 15-year mortgage on the same amount.
Example
Borrowing $200,000 at 6.5%: A 15-year term costs $1,742/month ($113,561 total interest). A 30-year term costs $1,264/month ($255,088 total interest). You save $141,527 with the shorter term.
A one-time fee the lender charges to process and set up your loan. It covers their costs for underwriting, verifying your information, and preparing paperwork.
Origination fees are usually 1-8% of the loan amount and are often deducted from your loan proceeds — so you receive less than you borrowed.
Example
You're approved for a $10,000 personal loan with a 5% origination fee. The lender deducts $500 upfront, so you receive $9,500 in your bank account but owe $10,000 plus interest.
A person who agrees to repay your loan if you can't. They're equally responsible for the debt, and their credit is affected by your payment behavior.
Cosigning helps people with thin credit get approved or get better rates. But it's a huge risk for the cosigner — they're on the hook for the full amount if you default.
Example
A parent cosigns their child's $30,000 student loan. The child stops paying after 6 months. The parent is now legally required to make the payments or face collections, lawsuits, and credit damage.
The process where a lender evaluates your finances — income, debts, credit history, assets — to decide whether to approve your loan and at what rate.
Understanding what underwriters look for helps you prepare a stronger application. They check your DTI ratio, employment stability, credit score, and the asset's value.
Example
You apply for a mortgage. The underwriter reviews your pay stubs (income), bank statements (savings), credit report (history), and orders an appraisal (home value). This takes 2-4 weeks.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
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