• Loan Amount: * $1,050,000.00
  • Rate: * 9.00%
  • Appraisal Value: * $2,100,000.00
  • Term: * 24 months, IO
  • Lien Position: * First

Our Borrower was involved in a 1031 and needed to close within 2 weeks. Conventional agricultural financing is difficult and timely. Our bridge loan will give the borrower time to pursue conventional financing or flip the property for a profit.