Mini Golf Facility in the Sacramento area
Loan Amount: $240,000 Rate: 8.75% Appraisal Value: $ 545,000 Term: 180 months Lien Position: First The borrower was referred to us by an institutional lender with whom we have a long-term relationship. The borrower needed to refinance a maturing loan and make sure the...
Business Opportunity
Loan Amount: $200,000 Rate: 9.50% Appraisal Value: $ 400,000 Term: 36 months Lien Position: First Another repeat business from existing customers and another fast turnaround. One week from terms to funding. Borrowers tapped the equity of one of their commercial...
Equestrian Facility Improvements
Loan Amount: $50,000 Rate: 8.50% Appraisal Value: $ 175,000 Term: 54 months Lien Position: First The borrower wanted to expand an equestrian boarding and riding area on their rental property. We moved quickly to provide financing. The rate will adjust to 9.00% after...
Commercial Refinance
Loan Amount: $200,000 Rate: 10.00% Appraisal Value: $ 335,000 Term: 24 months Lien Position: First Maturing private money loans and an unsold property were not and ideal situation for our borrower. We worked with the existing lenders and restructured the debt. Our...
