Capital for New Business Venture

Capital for New Business Venture

Loan Amount: $165,000 Rate: 8.99% Appraisal Value: $540,000 Term: 24 months Lien Position: First This borrower recently acquired a business in Humboldt County and needed liquidity to complete a renovation of the property and to cover start-up costs. The borrower owned...
Rental Property Cash-Out

Rental Property Cash-Out

Loan Amount: $85,000 Rate: 10% Appraisal Value: $ 325,000 Term: 24 months Lien Position: First This borrower needed to tap into the equity of the rental property in Healdsburg to fund the growth of their business. Our borrowers were 50% owners of the property and we...
Multi-Family Income Property

Multi-Family Income Property

Loan Amount: $220,800 Rate: 7.99% Appraisal Value: $350,000 Term: 36 months Lien Position: First This loan was made to purchase and remodel a multi-family property in Union City. The 3 unit structure is currently leased and the borrower is completing a fairly...
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