PIM Rapid Lending
Portland, Oregon
Direct Private Lender for Commercial Real Estate and Multifamily Bridge Loans
PIM Rapid Lending is a small balance CRE lender offering short-term bridge loans secured by commercial real estate in 19+ states. We manage a debt fund, so the loans are typically funded from our balance sheet and held through maturity. The principals of PIM Rapid have over a decade of experience in commercial real estate and bridge financing. We are a small firm and can get creative with deals by allowing cross collateral or seller financing.
- We consider many type of commercial properties (see list below)
- Purchase and Refinance loans only – no rehab or construction
- Loan-to-Value up to 65%
- Will consider cross collateral in 1st lien position
- We consider secondary and tertiary markets
- Brokers always protected
Please Note: We do NOT offer loans for residential properties, land or development projects.
Property Geographic Area Details
Loan Amounts
Interest Rates
Loan Terms
Origination Fees
Lien Position
Maximum Leverage
Purchase Short-Term (no Value-Add)
Refinance Short-Term (no Cash Out)
Refinance & Cash Out Short-Term
Property Types
- Assisted Living Facility
- Car Wash
- Event Center
- Healthcare
- Hotel
- Industrial
- Mixed-Use
- Mobile Home Park
- Motel
- Multifamily
- Night Club
- Parking Garage
- Parking Lot
- Portfolio of Commercial Properties
- RV Park
- Retail
- Senior Housing
- Storage Facility
- Student Housing
- Vehicle Parking
Loan Types
- Multifamily Bridge
- Commercial Bridge
Specialty Loan Types
- Bankruptcy Resolution
- Partner Buyout
- Transactional Funding
Max Loan-to-Purchase Price
65%Borrower Must Have Property Under Contract
yesWill Provide Proof of Funds Letter
noWill Consider Lending on Purchase from Auction
yesAllowed Source of Borrower’s Equity
- Own Cash
- Partner
- Equity in Subject Property
- Equity in Another Investment Property
- Equity in Primary Residence
- Seller Financing
- Gap Lender
- Crowdfunding
- Family
Fees which are mandatory for all new borrower clients
- Documents Fee
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PIM Rapid Lending specializes in providing short-term bridge loans collateralized by commercial real estate properties. We know that time is of the essence. If you need to close fast, we’re the lender for you. If you need to do a cash-out refinance of a property in order to solve a problem or take advantage of an opportunity, we’re the lender for you.
Office Locations
Headquarters1750 SW Skyline Blvd, Ste 25 Portland, OR, Portland, Oregon 97221
Our Team
Lance Pederson
Chief Investment Officer
Patrick Grimes
Chief Executive Officer
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Create a Loan Request
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Contact PIM Rapid Lending by whichever method you choose.
If you submit a loan request or email, it will be sent to the lender, and they will reply to you directly. A copy will be saved in our database. We will not share your information unless you ask us for recommendations.
Our Minimum Loan Amount Is
$250,000
What We Do
- Purchase and Refinance Bridge Loans
- Commercial Real Estate only
- Loan-to-Value up to 65%
- Cross Collateral Accepted
- Primary, Secondary and Tertiary markets
Not Available
- NO 100% Financing
- NO Residential Properties
- NO 2nd's or Junior Liens
- NO Rehab Funding
- NO Land or Development Projects