
Oregon
$3.7MM Funded For Oregon Gas Station Refinance
First Financial Capital has successfully provided financing for a truck stop located in Goldendale WA.
Our goal was to provide the borrower with the maximum amount of leverage in order for them to continue their growth mode during this economic period so as a result we came up with a financing structure that included a refinance of about $1 million and an additional $2.7 million in the form of a line of credit that will be used for future acquisitions.
The benefit of this transaction involves the borrower having full flexibility to be able to deploy his equity at his leisure towards future acquisitions and interest will only be paid on only funds that are dispersed.