HACKENSACK, NJ-After launching a new bridge loan practice with $2 billion in the pipeline, Hackensack-based investment firm Silver Arch Capital Partners will not only be doing deals in New Jersey, but across the entire country. “We will make loans anywhere in the United States,” says Jeffrey Wolfer, president and CEO of Silver Arch, in an interview with GlobeSt.com.

With a staff of seven in Hackensack and boots on the ground throughout the US, the firm will specialize in quick closing on bridge loans to owners, investors and developers seeking financing outside the scope of traditional sources of funding. “We will do all different types of deals, as long as it is secured by real estate by a first mortgage,” Wolfer says. “We will do deals anywhere. We are looking at a deal in Michigan and one in Las Vegas. We will look even in the toughest of markets as long as the deal makes sense.”

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As access to capital remains challenging in the current economic climate, Wolfer says the firm will emphasize low-cost, fast-funding, a specialty that differentiates the firm from its competitors. “Most banks are only lending to people who don’t need the money,” Wolfer says. “Anybody who needs the money, the banks aren’t interested. The way I look at it is we are willing to make loans today. We have money to lend, and a lot of it.”