Contact us

First Financial Capital Secures Double-Faceted Financing for Innovative Convenience Store, Gas Station, and Carwash Project with Impressive 78% Loan-to-Value

Loan Amount
$13,000,000
Property Type
Gas Station
Area
California
Purpose
Construction Loan
Brand
Arco

First Financial Capital has successfully provided the financing for the construction of a convenience store, gas station, and carwash. The complexity of this transaction involved a double-faceted financing with both refinancing of the existing land debt and providing a construction commitment bringing the LTV to 78%.
 
FFC looks to the sponsor first, then the collateral property, which is why our team was able to provide a custom-tailored loan with sizable construction disbursements and interest reserves.

* To protect privacy, image may not be of the described site.

Related Financings

FFC Funds $3.99MM Acquisition Loan for a Mobil Station in Oakland, CA

First Financial Capital is proud to announce the successful $3.99 million acquisition financing for a Mobil gas station in Oakland, CA. As a returning borrower, our client once again benefited from our streamlined process and tailored financing solutions, allowing us to close the transaction within 30 days....

Read more

1.7MM Acquisition Financing For Northern California Chevron

First Financial Capital is pleased to announce the successful $1.7 million acquisition financing for a Chevron gas station in Northern California. As a returning client, the borrower benefited from our efficient process and tailored financing solutions, allowing us to close the transaction in under 30 days....

Read more

$2.5MM Funded For Acquisition Of A Redevelopment Site In Salinas, CA

First Financial Capital successfully funded $2.5MM for the acquisition of a prime redevelopment site just off the airport in Salinas, CA, meeting an exceptionally tight closing timeline. The borrower plans to transform the now-closed property into a Chevron gas station....

Read more

Land Acquisition Loan on Pacific Coast Highway with 10% down

First Financial Capital has successfully financed the acquisition of land entitled for the development of a car wash. The property, located in Long Beach on Pacific Coast Highway, spans approximately half an acre and is strategically situated adjacent to the borrower’s existing gas station, making it a key asset to...

Read more

Tell us about your project

Get in touch

Our office

  • First Financial Capital
    9255 Sunset Blvd, Ste 800
    West Hollywood, CA 90069
  • Contact
    (310) 694-5060