Body Shop – Commercial Line of Credit
Placer County, CA – $450,000 This borrower needed a line of credit to assist with their business operations. While their primary business showed recent losses due to circumstances outside their control, their business property had attributes that allowed us to...
When Income Isn’t Stabilized
Shasta County, CA – $1,475,000 The borrowers recently completed the second phase of a new self-storage facility. Their bank was not comfortable offering them a take out loan until they stabilized the income. So we stepped in to make the loan that will bridge...
Agricultural Working Capital
Butte County, CA – $366,000 – 2nd Lien This farmer was referred to us by their bank as a historically good customer whose financial position was affected by a weather-related loss carry-forward on his crop line. He needed a transitional loan to inject...
Office Interim SBA / Construction Hybrid
Sacramento County, CA – $1,590,000 Our borrower needed to close on a purchase transaction for a $3.85MM new office building within a very short amount of time. We were asked to be the 2nd mortgage interim lender for SBA 504 financing, since other traditional...
