BG Capital Funding Group

About BG Capital Funding Group

BG Capital Funding Group is a Las Vegas, NV based hard money lender. They offer loans all throughout the US. They provide lending solutions for many different scenarios, including private commercial loans and hard money bridge loans. They issue loan amounts ranging from $100,000 to $100,000,000 with a maximum LTV of 80%. They will make loans on many property types, including multi-family units, apartment buildings, office units, retail storefronts, hotels/motels, storage facilities, assisted living facilities, mixed use spaces, warehouses, industrial buildings, medical facilities, undeveloped land, and churches.

Loan Types Offered: Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Multi Family, Apartment, Office, Retail, Hotel, Storage, Assisted Living, Mixed Use, Warehouse, Industrial, Medical, Land, Church

Areas Served: National

Lending Guidelines for BG Capital Funding Group

Below are the general loan guidelines published on the BG Capital Funding Group website. Please confirm all terms and rates directly with the lender.

Loan Examples

The following loans are for education purposes only. They do not represent actual loans executed by BG Capital Funding Group.

Loan Example 1

So he can acquire a new office building for his growing business, Jesse turns to BG Capital Funding Group to fund his purchase with a commercial private money loan because he can't obtain a conventional mortgage loan from a bank. The new property costs $260,000. Based on a 50% loan-to-value (LTV) stipulated by the lender, the principle will be $130,000. The additional $130,000 will be the responsibility of Jesse. The parameters of the note include a 18 month length, a 10% interest rate, and 2 origination points paid by Jesse when the transaction closes. Under the parameters of the loan, Jesse will pay origination points of $2,600 when the loan closes. He will also start making payments of $1,083 / month for the duration of the note and will pay off the principle amount at the expiration of the 18 month term. Should he decide to pay back the note earlier, he can do so with no additional expense because there isn't a pre-payment penalty associated with the note.

Loan Example 2

BG Capital Funding Group makes a bridge loan to Alisa for a rehab project in Boca Raton, FL. The loan dictates the following:

a) A $300,000 sales price, b) a 50% loan to value (LTV), c) a 18 month term, d) a 10% interest rate, and e) a 2% origination fee.

Once the rehab project is complete, if Alisa sells the house for $390,000, the outcome would be the following:

$390,000 sales price
- $150,000 note principle (50% LTV)
- $150,000 cash paid at closing (50% on 50% LTV)
- $3,000 origination fee (2% of the $150,000 principle)
- $22,500 interest payments (18 months x 10% interest)
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= $64,500 gross profit (doesn't include taxes or renovation costs)

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