$4,965,000 Funded: Business and Land Acquisition with Cash Out
- Loan Amount
- $4,965,000
- Property Type
- Gas Station
- Area
- Garden Grove
- Purpose
- Acquisition
- Brand
- Arco
First Financial Capital successfully completed multifaceted financing structure in the amount of $4,965,000 in 30 days.
Transaction Overview
This custom financial solution was structured to address three simultaneous capital needs for the borrower, including real estate acquisition, business expansion, and capital improvements.
Deal Structure Breakdown
The $4,965,000 facility was allocated across three distinct components:
• Part 1: Leasehold-to-Fee Simple Acquisition (Arco Station) Financing provided to purchase the underlying land of an existing Arco-branded gas station. The operators previously owned the business operations but have now secured the real estate. FFC provided 100% of the proceeds.
• Part 2: 100% Business Acquisition First Financial Capital provided 100% of the cash proceeds required for the operator to acquire a new, separate business entity (Business Only Loan).
• Part 3: Cash-Out for Site Improvements A cash-out, non-revolving credit line was established to fund critical site improvements. Specifically, these funds are designated for the replacement of fuel tanks at an existing gas station owned by the borrower.
