Customized loans are typically short-term loans used to bridge a period of one to three years where the borrower requires temporary capital for property repairs, redevelopment of a property, or for the purchase of another investment. These short-term loans are typically repaid with longer-term debt obtained from Canadian financial institutions once the transitional period is over or the restructuring is complete.
This segment of the Canadian borrower market is typically underserved by Canadian financial institutions because they are unwilling to dedicate resources for these small, short-term Mortgage Assets and do not typically provide the customization required to meet the needs of these real estate investors. That is where we excel.
