Used Multiple Collateral to Increase Funding
Loan Amount * $500,000 Rate * 10.99% Appraised Value * $1,000,000 Term * 36 Months, Interest Only Lien Position * First Our borrower needed financing to buy out a partnership. To fund the final settlement, a trusted colleague referred the borrower to ReProp. We were...
Agriculture Development in Northern California
Loan Amount * $100,000 Rate * 10.99% Appraised Value * $300,000 Term * 36 Months, Interest Only Lien Position * First Our reliable borrower came back for additional financing when he needed cash out for business operations.
Timber Acreage with Cabins and Country Roads
Loan Amount * $300,000 Rate * 10.89% Appraised Value * $900,000 Term * 60 Months, Interest Only Lien Position * First 87 acres with great mountain and Pacific Ocean views for a known reliable, repeat, borrower. We were able to get creative with financing; the borrower...
