- Loan Amount * $240,000
- Collateral Valuation * $400,000
- Term *12 months, First Lien, IO
We know our borrowers are satisfied when they return to let us help them capitalize on another opportunity. The business in this property has been a local landmark for 40 years. The landowner sought to access the equity in the property for another real estate project and will pay off the loan when that project is completed.