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70% LTV Quick Gas Station Loan and Carwash Loan; California Central Coast

Loan Amount
$2,150,000
Property Type
Gas Station, Carwash
Area
California Central Coast
Purpose
Acquisition Loan
Brand
Unbranded

First Financial Capital has successfully funded the acquisition loan for an unbranded gas station and free standing car wash located in Santa Maria, California. On roughly a half acre of land, the subject property included an updated 70 foot long car wash tunnel and room to improve the [C-store ( Convenience Store)](https://www.firstfincap.com/articles/acronyms)

The borrower had reached out to FFC just days before submitting an offer and recieved a verbal commitment to provide funding for this acquistion. This gave the borrower the freedom to write in an all cash offer with confidence, giving them a competitve edge against other offers.

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