Note Finance
Western Alliance Bank delivers high-touch service combined with a focus on execution to the private lending industry. Our specialized Note Finance Group has been adding value for private lenders since 2015 by tailoring flexible financing solutions that align with the needs of private credit funds, publicly traded real estate investment trusts (REITs), family offices and nonperforming loan (NPL) acquisition funds nationwide.
Fast and Reliable Note Financing Revolving Lines of Credit
Your clients count on you for speed of funding and certainty of capital. Let us put our experience to work crafting fast, flexible, custom-tailored note financing revolving lines of credit that help you manage liquidity and win more profitable business.
Our best-in-class personal service sets us apart. We are a committed resource for institutional debt funds, publicly held REITs, family offices and NPL acquisition funds nationwide to access financing1 quickly, with a funding process that is so efficient you can table fund. Whether you provide real estate secured renovation loans, bridge loans, ground-up construction loans or acquire performing and/or nonperforming real estate acquisition loans, Western Alliance Bank’s Note Finance Group provides a highly efficient source of capital from the industry leader in private lender finance.
Note Financing Benefits for You
- Revolving lines of credit tailored to quick-close private loan origination, secured by underlying collateral loans2 to deliver higher investor returns
- Lines of credit from $20 million, with credit facilities secured by loan portfolios for a variety of asset classes (SFR, multi-family, industrial, office and retail)
- Committed credit facilities that can eliminate asset revaluations, a significant differentiator for Western Alliance Bank
- Same-day funding and an efficient collateral pledge process that enables private lenders to move faster than competitors to fund new opportunities
- Trusted, relationship-focused experts with extensive note finance experience
Single Note-on-Note Financing
Single note-on-note financing is an appealing alternative for private commercial real estate lenders with larger projects (typically over $20 million). Although single note-on-note financing entails leveraging and underwriting individual loans, the Note Finance Group approaches each transaction with a focus on maintaining a programmatic relationship with our counterparty.
Clients choose to work with Western Alliance’s well-established, specialized Note Finance team because they want a trusted partner who understands their business and has the industry expertise they deserve.
Single Note-on-Note Financing Benefits for You
- Bespoke structures that align with the underlying loan execution and asset-level business plan
- Leverage available on bridge and construction loans, with the ability to table fund
- Consideration of all property types, with a wide array of acceptable underlying asset classes (multifamily, industrial, office, retail, student housing, single-family rental/condominiums, self-storage, industrial outdoor storage, credit tenant lease, etc.)
- Relationship-focused team with years of note finance experience
Incomparable Service
As a trusted player in the private lending space, our Note Finance Group treats every client like a VIP. Our team knows the demands of your business, and we deliver bespoke lending with solutions tailored to your needs. And it’s all backed by the resources of Western Alliance Bank, one of America’s top-performing banks,3 with offices nationwide. The result: responsive, personalized and client-centric service that exceeds your expectations of what a bank can offer.
Working with Note Finance, you’ll also gain access to a wide range of banking products and services offered through multiple national business lines, all delivered with the same personalized service you expect. We provide working capital management lines of credit1 and a full suite of Treasury Management services and solutions.4
Western Alliance Bank exemplifies true partnership. Their extensive range of banking products offers critical solutions that drive our business forward. Their dependability, responsiveness, innovative solutions and flexibility enable us to excel and deliver exceptional value to all our stakeholders.
Tap Into Smart Thinking
Our Note Finance Team
Be confident that you have our attention. Whether it’s facilitating speed of draws, automating vendor payments, wiring to the closing table or managing a billion-dollar servicing portfolio, Western Alliance Bank provides the products and reporting capabilities to make your job easier and improve your profit margins. You can have access to note financing solutions and other related banking services, delivered on your timeline by a team of professionals with decades of commercial lending and credit expertise.
1. All offers of credit are subject to credit approval, satisfactory legal documentation, and regulatory compliance. Borrowers are responsible for any appraisal and environmental fees plus customary closing costs, including title, escrow and documentation fees and may be responsible for any bank fees, including bridge loan, construction loan, and packaging fees.
2. Note financing targets lines to borrowers who maintain a commensurate amount of equity.
3. Western Alliance Bank is ranked as a top U.S. bank in 2024 by American Banker and Bank Director, ranks high year after year on the Forbes list of “America’s Best Banks,” and ranked #1 on Extel’s (formerly Institutional Investor’s) All-America Executive Team Midcap Banks 2024 for Best CEO, Best CFO and Best Company Board of Directors.
4. All offers of credit subject to approval. Some products and services may be subject to prior approval or fees. Please contact a Treasury Management Advisor and Relationship Manager for additional details that may apply based on products and services selected.