FAQs

Tikal Funding, LLC

You Can Trust Us with All Your Commercial Lending Needs

For 37 years, Tikal Funding, LLC, has been a trusted name in banking, lending, and underwriting.  

Our foundation is built on strong relationships, fostering open communication with customers and realtors every step of the way.  

At Tikal Funding, LLC, we’re not just providing loans; we’re crafting lending solutions tailored to your unique needs. So what are you waiting for? Reach out to us today, and one of our representatives will provide you with all the required details.

Frequently Asked Questions (FAQs) - Tikal Funding

General Commercial Lending

What types of commercial loans does Tikal Funding offer?
We offer a variety of loan products including bridge loans, commercial real estate loans, multifamily property loans, hospitality & hotel loans, senior living loans, and medical practice loans. IRS ITIN LOANS
Simply fill out our online application form or contact our team directly to get started. We’ll guide you through each step.
We specialize in real estate, hospitality, healthcare, senior living, and multifamily housing sectors.
Typically, we require financial statements, tax returns, business plans, and details about the property or project.
Depending on the loan type, approvals can take anywhere from a few days to a few weeks.
Yes, our loan amounts typically range from $250,000 to $12 million, depending on the project and loan type.
Yes, borrowers can apply for multiple loans as long as they meet our underwriting criteria for each.
Yes, we provide flexible loan terms ranging from short-term bridge loans to long-term financing solutions.
Interest rates vary based on market conditions, loan type, and borrower qualifications. Contact us for current rates.
We offer faster approvals, more flexible terms, and tailored solutions that traditional banks may not provide.

Bridge Loan

What is a bridge loan, and how does it work?
A bridge loan is a short-term loan used to “bridge” the gap until permanent financing is secured or an asset is sold.
Terms typically range from 6 months to 3 years, depending on the project’s needs.
Real estate investors, developers, and businesses needing quick access to capital often utilize bridge loans.

Commercial Real Estate Loans

What types of commercial properties do you finance?
We finance retail centers, office buildings, industrial properties, mixed-use developments, and more.
Yes, we provide financing solutions for mixed-use developments.
Absolutely. We offer refinancing options to help reduce interest rates or improve cash flow.
Conventional loans are typically offered by banks, while non-conventional loans offer more flexible underwriting standards.
Yes, non-recourse options are available depending on the project and borrower qualifications.

Multifamily Loans

What is considered a multifamily property?
Any property with five or more residential units is considered multifamily.
Yes, we finance projects ranging from small apartment buildings to large multifamily complexes.
Conventional loans have stricter underwriting criteria, while non-conventional loans provide more flexible solutions.
We assess credit on a case-by-case basis, considering the overall financial health of the borrower and project.

Hospitality & Hotel Loans

Do you finance hotel acquisitions and renovations?
Yes, we provide loans for hotel acquisitions, renovations, and refinancing.
We lend to hotels, motels, resorts, and boutique hospitality ventures.
While experience is preferred, each loan is evaluated based on the overall strength of the borrower and project.
Yes, refinancing options are available to help improve loan terms or access equity.
Yes, we finance a variety of hotel types, including boutique hotels and national franchises.

Senior Living Loans

What types of senior living facilities do you finance?
We finance independent living, assisted living, memory care, and skilled nursing facilities.
Yes, we provide construction financing for new ALF developments.
No, HUD approval is not required for our financing solutions.
Yes, we offer loans for both HUD and non-HUD projects.
Loan terms typically range from 5 to 25 years, depending on the project.

Medical Practice Loans

What types of healthcare practices do you provide loans for?
We lend to medical, dental, veterinary, and other healthcare practices.
Yes, our medical practice loans can be used for equipment purchases.
Absolutely, we provide funding for practice growth and expansion needs.
Terms typically range from 5 to 15 years, tailored to the borrower’s needs.
Personal guarantees may be required depending on the borrower’s financial profile.

Application & Process

How do you evaluate loan applications?
We evaluate applications based on creditworthiness, business viability, property value, and borrower experience.
Providing complete documentation and responding promptly to inquiries will expedite the process.
Credit history, loan type, loan amount, term length, and market conditions influence rates.
Yes, we evaluate each borrower holistically and may offer solutions even with imperfect credit.

Funding & Repayment

How quickly can I receive funding after approval?
Funding is typically available within 5 to 15 business days after approval.
Repayments are structured monthly, with options for interest-only or principal & interest payments.

Why Choose Tikal Funding, LLC?

Experience: 37 years of banking, lending, and underwriting expertise.

Relationships: We prioritize building strong relationships with our clients and realtors.

Communication: Constant and open communication throughout the lending process.

Solutions: We provide tailored lending solutions, not just loans.

Access to Capital: We specialize in securing hard-to-access capital, including preferred equity investments, bridge loans, and expanded SBA and USDA loans.

Contact us today to discuss your commercial lending needs and discover how Tikal Funding, LLC, can help you achieve your business objectives.

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