• Loan Amount: $85,000
• Rate: 10%
• Appraisal Value: $ 325,000
• Term: 24 months
• Lien Position: First

This borrower needed to tap into the equity of the rental property in Healdsburg to fund the growth of their business. Our borrowers were 50% owners of the property and we loaned on their 50% interest! Moreover, they needed a quick close!!