Crosby Capital has significantly evolved, specializing in originating bridge loans, non-performing loans, and note-on-note financing. We are one of the few companies offering note-on-note financing, catering to high net worth borrowers and investors aiming to enhance their portfolios or develop real estate projects. With years of expertise, we excel in closing multiple deals daily, earning the trust and loyalty of our clients who repeatedly return for new opportunities. Crosby Capital embodies excellence and innovation in the investment capital universe by consistently meeting the diverse and precise needs of our clientele.
At Crosby Capital USA, our journey is rooted in a passion for supporting real estate investors nationwide. We strive to build enduring partnerships and deliver impactful results. Our team, comprising experienced asset managers, in-house brokers, and analysts, drives our clients’ success. We understand our clients’ needs and identify the most beneficial projects for each investor, ensuring we present the right deals. Guided by values of integrity, expertise, and client-centricity, our commitment to innovation fuels continuous growth and evolution.
Crosby Capital USA does not run a construction or renovation draw process, because its lending model differs from the fix and flip and ground-up lenders. Crosby originates short-term bridge loans, provides note-on-note financing, and buys and sells non-performing loans, so its capital is typically deployed at closing against an existing asset or note rather than released in stages as a rehab or build progresses.
There is no draw request method, inspection process, draw schedule, or per-draw turnaround published on its site, and none would be expected for this loan type. Investors looking specifically for draw-funded rehab or construction financing will find Crosby a better fit for bridge or note-secured deals than for a phased construction draw program. Anyone whose project does need construction draws should confirm the structure directly with Crosby before assuming a draw facility is available.
Crosby Capital USA is a diversified real estate and asset-based private lending firm, founded in 2012, focused on bridge loans and note financing rather than fix and flip or construction draws.
• Bridge loans: short-term, asset-based financing secured by real estate, funded nationwide across all 50 states.
• Note-on-note financing: lending against performing mortgage notes for note investors.
• Non-performing note purchases and sales, as part of its broader distressed-debt activity.

Crosby Capital USA is a diversified real estate and asset-based private lending firm headquartered in Miami Beach, Florida, founded in 2012. It originates bridge loans and note-on-note financing and also buys and sells non-performing loans, lending nationwide across all 50 states to investors and developers for real estate investment purposes.
Ratings are based on the following criteria:
Platinum & Gold Lenders
Platinum and Gold lenders are committed to delivering a modern, streamlined draw experience. These lenders typically support fully digital draw requests combined with virtual inspections across a wide range of project types. Their goal is to provide the fastest possible turnaround times without compromising risk management or construction oversight.
Silver & Bronze Lenders
Silver and Bronze lenders are still strong lending partners and have automated portions of their draw operations. However, the borrower experience may vary depending on the project type, inspection method, or capital partner requirements. In some cases, additional approval layers or third-party capital sources can increase reimbursement timelines.
About Virtual Inspections
Virtual inspections allow borrowers to skip scheduling a field inspector. They are typically reviewed within hours of submission. Borrowers must still document work thoroughly, including cost evidence (receipts) and lien waivers where applicable. Every lender listed on Lenderly offers virtual inspections and automated draw requests. The majority utilize independent construction experts for remote review, or they review submissions in house.
A draw-friendly lender is one that prioritizes speed, simplicity, and reliability when it comes to funding your project. They make it easy to request draws, minimize friction in the process, and get you reimbursed quickly so your project keeps moving.
The best draw-friendly lenders combine digital draw request tools with virtual inspections, allowing you to submit, verify, and receive funds often within 24 hours.
By comparison, traditional timelines can slow you down:
Every lender featured here offers a streamlined, digital draw process and supports virtual inspections for at least some of their loan products, helping you access capital faster and with far less hassle.