$9.9 Million | Retail
- Loan Amount: $9,900,000
- Loan Term: 3 Years
- LTV: 45%
• The borrower’s current loan was maturing and need to payoff their existing lender.
• Because the borrower was paying default interest, they needed to refinance as fast as possible.
• Money360 provided a refinance loan that gave our borrower a lower rate and paid off their existing lender.
• We took the time to understand the current market and borrower’s business plan.
• Through Money360 persistence, the borrower was able to conquer several challenges and hurdles to get the loan closed.
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