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3 Day Gas Station Refinance

Loan Amount
-$1
Property Type
Gas Station
Area
Long Beach
Purpose
Refinance Loan
Brand
Arco

First Financial Capital completed a refinance of an existing gas station in three days. The borrower was in the final stages of obtaining [SBA financing](https://www.firstfincap.com/articles/sba-loan-small-business-administration-loan) to take out the preexisting lender, however the lender was adamant on the maturity date and was persistent on foreclosing on our borrower. With the ability to close in stellar speeds, FFC was able to complete a quick gas station refinance without any prepayment penalties. Our borrower’s [SBA financing](https://www.firstfincap.com/articles/sba-loan-small-business-administration-loan) completed one week thereafter and paid off their [OLB (outstanding loan balance)](https://www.firstfincap.com/articles/acronyms) with us without any fees.

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