• Loan Amount * $750,000
  • Rate * 9.99%
  • Appraised Value * $1,825,000
  • Term * 12 Months, Interest Only
  • Lien Position * First

Our borrower is an owner-operator but had trouble finding employees and had to stop operations for a time. The borrower was ready to begin operations again and requested a loan for start-up capital. The loan will be repaid from a combination of cash flow and bank refinancing.

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