Commercial Loan Success Stories
Video Store into Office Remodel
- Loan Amount * $850,000
- Rate * Call to Inquire
- Appraised Value * $1,540,000 as complete
- Term * 12 Months, Interest Only
- Lien Position * First
Fueling Station Purchase
- Loan Amount * $500,000
- Rate * 10.89%
- Appraised Value * $1,240,000
- Term * 6 Months, Interest Only
- Lien Position * First
Experienced Renovator Brightening Community
- Loan Amount * $120,000
- Rate * 10.99%
- Appraised Value * $200,000
- Term * 12 Months, Interest Only
- Lien Position * First
SFR Construction on an Acre
- Loan Amount * $615,000
- Rate * 11.99%
- Appraised Value * $947,000
- Term * 11 Months, Interest Only
- Lien Position * First
Convenience Store Purchase
- Loan Amount * $1,250,000
- Collateral Valuation * $1,800,000
- Term * 12 months
- Rate * 10.25%
Operating capital with Ag. collateral
- Loan Amount * $225,000
- Collateral Valuation * $500,000
- Term * 15 years
- Rate * 10.99%
Commercial Development Pending
- Loan Amount * $180,000
- Collateral Valuation * $380,000
- Term * 12 months
- Rate * 12.50%
Cash out on Light Industrial owner occupied building
- Loan Amount * $2,000,000
- Collateral Valuation * $4,800,000
- Term * 12 months
- Rate * 10.49%
Construction loan on lot with Ocean View
- Loan Amount * $460,000
- As-Complete Valuation * $740,000
- Term * 12 months
- Rate * 10.50%
