- Loan Amount* $2M
- Collateral Valuation: * $5,500,000
- Term * 180 month, First Lien, Fully Amortizing
- Rate * Prime+7.24%
Our experienced borrowers were converting an old orchard and vineyard to an alternative use. The cash out was used for improvements and working capital. They were referred to us because we know rural Northern California and we’re happy to quickly secure them financing.