Niche Capital Advisors

About Niche Capital Advisors

Niche Capital Advisors is a New York, NY based private money lender. They provide loans all throughout the US. They provide loans for a variety of needs and situations, including private commercial loans and short term bridge loans. They provide loan amounts ranging from $1,000,000 to $20,000,000 with a maximum LTV of 65% and rates starting at 9% . They make loans on numerous property types, including multi-family units, office units, mixed use spaces, and apartment buildings.

Loan Types Offered: Commercial Hard Money Loans, Bridge Loans

Property Types Covered: Multi Family, Office, Mixed Use, Apartment

Areas Served: National

Lending Guidelines for Niche Capital Advisors

Below are the general loan guidelines published on the Niche Capital Advisors 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 Niche Capital Advisors.

Loan Example 1

Lesley is a business owner in Oxnard, CA. She decides to buy a new building for her business but she isn't able to get a conforming loan from her bank due to her low credit rating. She turns to Niche Capital Advisors for a commercial private money loan in order to close the acquisition. The list price of the new building is $380,000 and the lender agrees to fund 55% of the purchase price (the loan to value / "LTV"), or $209,000. The remaining $171,000 will have to be paid by the borrower when the sale is closed. The parameters of the loan include a 12 month term, a 11% rate of interest, and 2 origination points paid by Lesley at the closing. Lesley will have to pay the origination fee of $4,180 and she will then start to make the monthly payments in the amount of $1,916 ($209,000 principle x 11% interest / 12 months per year). She can pay off the note early if she chooses because there is no pre-payment penalty but she will be responsible for paying off the original principle whenever she closes the loan.

Loan Example 2

Ashley takes out a hard money bridge loan from Niche Capital Advisors so she can rehab a townhome to resell in Oxnard, CA. The loan has the following parameters:

$260,000 purchase price
70% loan to value (LTV)
12 month term
11% rate of interest
4% origination fee

Ashley intends to sell the property at the end of the term for $390,000. If she achieves this goal, the final numbers will be as follows:

$390,000 sales price
- $182,000 principle on note (70% LTV)
- $78,000 down payment (30% on 70% LTV)
- $7,280 origination fee (4% of the $182,000 principle)
- $20,020 total interest paid (12 months x 11% interest)
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= $102,700 gross profit (doesn't include taxes or rehab costs)