Bridge loans on monthly truck parking lots, overnight yards, and converted freight terminals across Indiana. $50K to $1M, up to 65% LTV, interest only or fully amortized, underwritten in house, closings in 7 to 14 days.
Indiana calls itself the Crossroads of America for a reason: I-65, I-70, I-69, I-74, I-80/90, and I-94 all cross the state, and more interstate miles pass through Indianapolis than any other city. Plainfield and the west side of Indianapolis are one of the largest distribution clusters in the Midwest, and Northwest Indiana serves the Chicago freight market at Indiana land prices.
We are a direct private lender, not a broker, and truck parking is a property type we fund on purpose through our outdoor storage financing program. A bank sends a Indiana truck yard to an appraiser, the appraiser cannot find comparable sales for a fenced gravel lot, and the file dies in committee. We underwrite from what you paid, the zoning, and the rent you can document, and one person makes the decision.
Those are the markets where we see the most deals. We lend on truck yards anywhere in Indiana with legal access and by right zoning.
Indiana is a judicial foreclosure state, so we underwrite access, resale, and documented income with extra care. Closings run through a title company. County and municipal zoning both apply, and many Indiana counties treat truck parking as a special exception rather than a permitted use. We lend where it is permitted by right and the county's planning office confirms it in writing.
We also make vacant land loans in Indiana. See a funded Indiana land loan for how our process runs, and read how truck parking lots get financed for the underwriting detail.
Send the address, what you paid or the contract price, and the loan amount you want. Written quote in about 24 hours.
Yes. We fund truck parking lots and truck yards, operating or start up, across Indiana: monthly lots, daily and overnight yards, and converted freight terminals or contractor yards. $50K to $1M, up to 65% LTV, interest only or fully amortized, closings in 7 to 14 days.
Up to 65% of value, from $50K to $1M. Leverage depends on what you paid for the property and how much of the rent you can document with bank deposits. Verified income moves the loan toward the top of the range.
Yes. The use has to be permitted by right and confirmed in writing by the Indiana county or municipality that controls the site. Conditional use permits, variances, and grandfathered uses do not qualify.
Usually not. We underwrite in house from the purchase price, the zoning, and the income records. On some deals we may ask for an appraisal or another form of valuation, and we tell you up front if so.
Through a title company, in 7 to 14 days from a complete file. It is a judicial foreclosure state, so we look closely at access, resale, and documented income.
Send the address, the price, and the loan amount you want. Written quote in about 24 hours, close in 7 to 14 days.