• Loan Amount *  $125,000
  • Rate * 9% (Prime+4%)
  • Value * $250,000
  • Term * 48 months, IO
  • Lien Position * First

A local bank referred our borrower who needed to refinance for building improvements for an eventual sale as well as operating capital for a parallel business venture related to the established family restaurant. ReProp financed the expansion of their locally famous sauces for availability in retail stores and are transitioning to a catering operation. 

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