Commercial Loan Success Stories
Retail and Light Industrial Construction
- Loan Amount * $900,000
- Rate * 9.49%
- Appraised Value * $2,700,000
- Term * 18 Months, Construction
- Lien Position * First
Renovation Capital for Repeat Borrower
- Loan Amount * $100,000
- Rate * 9.00%
- Appraised Value * $320,000
- Term * 12 Months, Interest Only
- Lien Position * First
Lot purchase to construct car wash for experienced borrower
- Loan Amount * $1,425,000
- Rate * 8.49%
- Appraised Value * $2,850,000
- Term * 12 Months, Interest Only
- Lien Position * First
Bridge financing for owner acquisition
- Loan Amount * $1,115,000
- Rate * 8.49%
- Appraised Value * $2,160,000
- Term * 12 Months, Interest Only
- Lien Position * First
Bridge Loan to close escrow on Multi-Tenant offices
- Loan Amount * $1,400,000
- Rate * 7.99%
- Appraised Value * $3,640,000
- Term * 12 Months, Interest Only
- Lien Position * First
New Owners reviving neighborhood restaurant
- Loan Amount * $414,000
- Rate * 9.99%
- Appraised Value * $690,000
- Term * 15 year recast amortizing
- Lien Position * First
Interstate Shipping Development in Southern California
- Loan Amount * $1,340,000
- Rate * 9.99%
- Appraised Value * $3,580,000
- Term * 12 Months, Interest Only
- Lien Position * First
Desert Mansion with land development value
- Loan Amount * $4,000,000
- Rate * 8.99%
- Appraised Value * $9,750,000
- Term * 12 Months, Interest Only
- Lien Position * First
Development keeping with parcel size limit
- Loan Amount * $1,100,000
- Rate * 8.99%
- Appraised Value * $2,000,000
- Term * 12 Months, Interest Only
- Lien Position * First
