Proud home to many Texas landmarks and a rich cultural history, San Antonio also plays home to a growing commercial real estate market that’s been putting many commercial real estate investors on notice.
What does Riverdale Funding offer?
Riverdale Funding is a commercial hard money lender that proudly offers reliable alternative financing options to real estate investors, brokers, and developers in San Antonio. We specialize in financing hard-to-place loan requests on various types of commercial real estate and non-owner occupied properties. We offer fast approvals, closings, competitive rates, and flexible in-house underwriting. What makes us different from most other lenders in our true asset-based loan programs? Our decision to lend on an investment property is primarily determined by the value of the property offered as security and not on a borrower's credit score or financial statements. Riverdale Funding also lends funds from its own portfolio; therefore, all commercial loan programs can be tailored specifically to each borrower’s financial needs.
Our San Antonio Commercial Loan Terms:
- Loan amounts from $250K to $5M+ or more
- Up to 65% LTV/ 50% LTV on improved land
- 1-3 year loan terms/interest-only
- Flexible underwriting
- Competitive rates*
- No financials
- No pre-payment penalties
- ALL credit accepted
Please note, at this time, we do not provide financing for owner-occupied residential properties, construction projects or large-scale renovation.
To apply NOW for a commercial property loan from Riverdale Funding, click here. An account executive from Riverdale Funding will be in contact with you shortly to discuss your loan scenario. Or, call now to speak with someone directly!
We are proud to provide our borrowers and brokers with a fast response. Riverdale Funding can help you achieve all your commercial real estate goals in San Antonio.
Riverdale Funding lends on the following types of commercial real estate:
- 1-4 family investment properties / Non-owner occupied (NOO)
- Multifamily (apartment building)
- Office Building
- Strip center
- Free standing commercial
- Improved land
- All other property types considered on a case-by-case basis**
The San Antonio Real Estate Market
Following in the progressive footsteps of its northern neighbor Austin, San Antonio has experienced exponential economic and population growth over the past several years. The city’s economic boom has been driven by three major contributing industries: healthcare, tourism, and national defense. San Antonio is known to experienced investors as a “Goldilocks Zone,” because it’s “just right” when it comes to investment criteria. A stable economy, good occupancy, and solid job growth make investing in San Antonio an attractive and low-risk option for commercial real estate investors.
The city’s real estate prices have continuously risen, creating attractive returns for those seeking to invest in real estate properties. This comes as no surprise to proud San Antonians, who have seen an 8%+ population increase in four years – earning the city spots on lists of fastest growing U.S. cities. With more and more businesses and people moving into the area, demand for property has grown. However, even with real estate prices on the rise, Realtor.com explains that San Antonio’s cost of living is still 9.2% below the national average.
All these factors lead to one unanimous conclusion: San Antonio real estate is a profitable investment decision. In fact, investors report a higher ROI in the San Antonio area than most other major Texas cities.
Commercial Lenders in San Antonio
San Antonio commercial real estate investors should look no further than Riverdale Funding, where commercial hard money loans are made simple and hassle free. Call now to learn more about our asset-based loan programs or check us out online for more reasons why to get a hard money loan from Riverdale Funding.