Short-term commercial financing intended to bridge a funding gap until permanent financing or a sale closes. Covers loan terms, draw conditions, interest reserve, exit fee, and extension options.
The Commercial Bridge Loan Agreement is a ready-to-use finance & investment template you can send for signature in minutes. It is written for 2 signers (borrower and lender) and, by default, expires 30 days after it is sent if left unsigned. It covers bridge loan, short term financing, commercial loan, real estate finance, interest reserve, exit fee. Like every Abundera Sign template it is a convenience draft structured for ESIGN Act and UETA compliance, not a substitute for legal advice. Each signed copy is sealed with PAdES-LTA digital signatures, dual RFC 3161 timestamps, and a tamper-evident evidence package in WORM storage.
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# Commercial Bridge Loan Agreement This Commercial Bridge Loan Agreement (this "Agreement") is entered into as of ___________ by and between: **Borrower:** ___________, a ___________ ("Borrower"); and **Lender:** ___________, a ___________ ("Lender"). --- ## 1. Loan Terms ### 1.1 Loan Amount Lender agrees to make a bridge loan to Borrower in the principal amount of ___________ (the "Loan"), subject to the conditions precedent set forth in Section 3. ### 1.2 Purpose The proceeds of the Loan shall be used solely for the following purpose: ___________ **Property or Project Address (if applicable):** ___________ **Estimated Value of Underlying Asset or Project:** ___________ **Loan-to-Value Ratio:** ___________% ### 1.3 Term The Loan shall mature on ___________ (the "Maturity Date"), unless extended in accordance with Section 1.6. **Loan Term (months):** ___________ ### 1.4 Interest Rate Interest shall accrue on the outstanding principal balance of the Loan at the rate of ___________% per annum (the "Interest Rate"), calculated on a ___________ basis. **Default Rate:** Upon the occurrence of an Event of Default, interest shall accrue at the rate of ___________% per annum.