Sterling Bridge has a record of repeat and referral business. It is a source of pride for us that so many of our developers consider us the first - or only - choice for their financing requirements.
No one knows the market like us, and we differentiate ourselves by sharing this wealth of knowledge with our development clients. We take a personal interest. We get to know you, your environment, and your expectations. We are here to help you achieve the promise of your vision.
We provide:
- Ready access to significant capital through our network of companies
- Flexible response to borrowing requests
- Market knowledge. As we are exclusively focused on Alberta and British Columbia - with deep ties to these markets - we have the ability to provide tailored financing options.
Our process is expert and thorough, determining the intrinsic value of both the collateral, and the project for which the funds are requested. Our ability to evaluate and execute complex transactions is one of our key competitive advantages.
The Borrowing Process
The first step is to provide us with the required information about you and your project, so that our underwriters may properly assess your application.
Subsequent to one of our underwriters reviewing the application with you, our Credit Committee then considers your application. Sterling Bridge’s Credit Committee consists of four executive members and three arm's length consultants who provide their individual risk assessment and expert recommendations. Our due diligence and prudent risk management are key factors in helping you succeed. Once your loan is approved, turnaround is based on the specific loan requirements.
How To Apply
Call us at (403) 261-5050, with the following essential information, and we'll start the process.
- Loan request outlining the amount, purpose and terms of the requested mortgage
- A current appraisal of the property on both “as is” basis and also, if appropriate, “as if complete” basis
- History/resumes of the borrower and management
- Purchase Agreement if applicable
- Financial statements/net worth statements for the borrower and guarantors. Proforma statements will be acceptable for new entities. Credit checks will be conducted.
- Phase 1 ESA
- Geotechnical Survey if applicable
- Cash Flow Projections and Time Line for Advance requests