Bridge Loan on Water Rights and Land Purchase in Nebraska
TNS Loans completed the funding of a hard money bridge loan transaction for the purchase of water rights and acreage in Northwest Nebraska. The transaction was funded within 3 business days from submittal of the loan request. The loan closing took place in multiple states requiring coordination of documents and funding within a tight window. Valuation was completed in one day on the loan and term sheet produced the same day.
This loan will allow the buyer time to determine if they will resell both the water and land together or strip the water (valued at twice the land) and keep the land for other uses.
TNS focuses on funding private capital on asset backed loans including real estate, water and equipment. TNS also purchases judgments and defaulted notes.