70% LTV Fast Business Acquisition Loan
- Loan Amount
- $3,095,000
- Property Type
- Gas Station, Carwash
- Area
- Riverside
- Purpose
- Acquisition Loan
- Brand
- 76
First Financial Capital successfully completed the financing for a branded gas station and carwash located in the Inland Empire within 11 working days. The borrower reached out to FFC stating the importance that the transaction be completed before 2021 years end. The day after, the FFC team met with the borrower and committed to funding the transaction.
The complexity of this transaction included working closely with the title company. Prior to reaching out to FFC, the borrower had already started the process of obtaining SBA Financing which will be used to refinance our loan. In addition to being privately capitalized, all of our loans are designed with no prepayment penalties and no interest guaranteed payments which makes refinancing easy.