Riverdale Funding is an experienced nationwide commercial hard money lender offering quick approvals, fast funding, competitive rates, and excellent customer service for hard money purchase loans. There are many reasons a borrower may need to utilize a commercial hard money purchase loan, but one common reason is to secure a sales contract on a property that has received multiple offers. The ability of a buyer to close a sale quickly is an attractive quality for a seller, which will allow the buyer to stand out and give the buyer a better chance of securing the property. Don't let a good investment property opportunity pass you by.


How It Works 

At Riverdale Funding, we can approve your commercial loan and get you funded fast, as opposed to conventional lenders who may need months to process your loan request. To begin the process, just submit a completed loan application along with exterior and interior photos of the property. Our team will review your application and respond shortly, as we can fund commercial bridge loans in as little as a few days. After the purchase loan closes and the buyer acquires the property, you will then have the time to obtain traditional financing. To learn more about our Commercial Bridge Loan application process and get started, visit our application page or call us at (888) 368-4983.


Types of Properties We Lend On

  • 1-4 Family Investment / Non-Owner Occupied (NOO)^
  • Office Building
  • Multi-family (Apartment Building)
  • Mixed-Use
  • Retail
  • Strip Center
  • Free Standing Commercial
  • Warehouse
  • Improved Land
  • Light Industrial **
  • Self-Storage **



General Loan Terms

Riverdale Funding’s borrower-friendly commercial loan terms perfectly fit most purchase money loan situations and include:

  • 1-3 Year (Interest-Only) Loan Terms
  • Loans of $250,000 up to $5,000,000 (Larger loans considered on a case-by-case basis)
  • Rates from 8-13%*
  • Up to 65% Loan-to-Value (LTV) / Up to 50% LTV on Improved Land


For a complete list of Riverdale Funding’s purchase loan terms, visit our Commercial Loan Terms page.




We have compiled a brief list of popularly asked questions regarding our purchase money loans and other hard money commercial loans offerings. Find yours below.


What is a Purchase Money Loan?

A purchase loan is a loan acquired to purchase something, such as a commercial property, a home, or a vehicle. Purchase loans are generally the most common type of commercial loan funded by conventional lenders, and simply involve taking out a loan from a lender to purchase a commercial property.


How do Purchase Money Loans help?

Having funds readily available to make a purchase can be a very attractive quality to sellers who are looking to sell their commercial properties quickly. Purchase loans through Riverdale Funding can be funded quickly through our fast, borrower-friendly loan application process. Our Purchase Loans can provide you with an edge over other prospective buyers during your next commercial property purchase.


Are there prepayment penalties?

No. There are no prepayment penalties when you get a loan from Riverdale Funding. Our loan terms are anywhere from one to three years, interest only. Borrowers can pay back a loan early without incurring any fees or cost.


Do you fund auction purchases?

Riverdale Funding is a true asset-based hard money lender, and we can provide replacement financing for auction-purchased properties. However, we do not provide financing to purchase a property at an auction or trustee sale.

For a complete list of commonly asked questions regarding our Purchase Loans, please visit our FAQ page.


Ready to Get Your Purchase Loan?

Start the application process for your Purchase Loan today. Visit our application page or call (888) 368-4983.


^ Riverdale Funding cannot provide loans on 1-4 Family Investment properties in the following states: Oregon, Minnesota, Utah

** These and other commercial property types not listed above will be considered on a case-by-case basis.

* Rate and Terms are dependent upon location, property condition and subject to underwriter review