- Loan Amount * $414,000
- Rate * 9.99%
- Appraised Value * $690,000
- Term * 15 year recast amortizing
- Lien Position * First
Successful restauranteurs sought our financing to secure this location. We were able to help them manage payments by starting with interest only during their remodel phase, then recasting to a 15 year amortizing loan when cashflow from operations begin. We are excited to facilitate creative financing for knowledgeable professionals.