Recently Funded - Featured Financings

Following up on our most recent closing in Goldendale, WA, First Financial Capital has successfully secured financing for the acquisition of another site for the same operator — this time in Bonney Lake, WA.

Last month, we structured a line of credit secured by a low-leverage gas station to set our client up for growth. This month, he drew $680,000 from that line to fund the down payment on a new $3,400,000 acquisition in Bonney Lake. We provided the financing for the remaining balance of $2,720,000— a seamless transition from refinance to acquisition.

First Financial Capital has successfully provided financing for a truck stop located in Goldendale WA.

Our goal was to provide the borrower with the maximum amount of leverage in order for them to continue their growth mode during this economic period so as a result we came up with a financing structure that included a refinance of about $1 million and an additional $2.7 million in the form of a line of credit that will be used for future acquisitions.

The benefit of this transaction involves the borrower having full flexibility to be able to deploy his equity at his leisure towards future acquisitions and interest will only be paid on only funds that are dispersed.

First Financial Capital is proud to announce the successful closing of a $11MM loan for the purchase of a Chevron in Salinas, CA – with 100% LTV financing.

We worked closely with our existing client to structure a tailored financing solution, leveraging other sites in their portfolio to secure maximum leverage and achieve 100% LTV. This particular Chevron location is a high-performing site, with strong fuel sales volume and exceptional margins for the area, making it a valuable addition to our client’s expanding portfolio. By recognizing the strength of both the business and the borrower’s existing assets, we provided a strategic financing solution that supported their growth objectives while maximizing their investment potential.

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.

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.

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.

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 enhance their portfolio. The purchase price of the property is $4.4 million, with a loan amount of $6.175 million.

This complex transaction involved refinancing additional collateral while securing the deal with only a 10% capital injection. Our team executed and closed the transaction in just 30 days, ensuring a seamless and efficient process for the borrower.

First Financial Capital has facilitated the acquisition and sale-leaseback of a gas station located on Indiantown Road in Jupiter, Florida. This transaction included funding for a comprehensive remodel, encompassing upgrades to the 2,400-square-foot store, fueling equipment, and signage rebranding to Exxon. The site features four MPDs and is now fully modernized to better serve the community.

We also executed the acquisition and sale-leaseback of an Exxon-branded gas station in Palm Beach Gardens, Florida. The property includes a 1,300-square-foot store, service bays, a car wash tunnel, and three MPDs on a .72-acre parcel. Strategically located as an outparcel of a bustling neighborhood retail center anchored by a Publix supermarket, this site is positioned for long-term success.

These transactions highlight our expertise in structuring tailored financing solutions that support the growth and modernization of high-potential assets.

First Financial Capital has provided a $4 million acquisition loan for a 44,000 square-foot office building in Walnut Creek, California. This transaction showcases our ability to structure flexible financing solutions, as we worked with an established gas station operator to fund their corporate headquarters relocation.

Our tailored approach enabled the borrower to leverage their existing relationship with us while expanding their real estate portfolio.

First Financial Capital is proud to announce the successful financing of a 12.48-acre, state-of-the-art truck stop and travel center located in Bakersfield, CA. The property features two 2,500-square-foot commercial spaces and an impressive 80 Tesla Supercharging stations, making it a prime destination for commuters traveling along the I-5 freeway.

This complex transaction involved the consolidation of debt across four other collateral properties. While the purchase price of the property was $17.5 million, our team successfully structured and closed a total loan amount of $20.7 million, ensuring our client had the resources needed for a smooth acquisition.

Our team delivered acquisition financing within 45 days of engagement, demonstrating our commitment to efficient execution paired with our deep-rooted knowledge in the industry.

First Financial Capital is pleased to announce the successful funding of a $2.3 million acquisition loan for the purchase of an unbranded gas station in Oakland, California. This strategic financing enables the buyer to expand their business operations within Oakland.

First Financial Capital is pleased to announce the successful closing of a $6.1 million acquisition loan for a gas station in Oakland, California. This transaction demonstrates our commitment to supporting experienced gas station operators in the area.

First Financial Capital is pleased to announce the successful funding of a $5.1 million acquisition loan for a Chevron gas station and convenience store in San Jose, California. This transaction highlights our commitment to supporting the growth of our valued clients, as the borrower is an existing customer expanding their portfolio in the region. Notably, we were able to provide high leverage financing by utilizing equity in another site the client owns in the area, demonstrating our flexible approach to structuring deals.

First Financial Capital is pleased to announce the successful closing of a $13 million financing package for the acquisition of a limited service hotel in the vibrant Seattle, Washington market. The buyer, a seasoned hospitality investor and operator, plans to implement a comprehensive renovation and improvement program to enhance the property's value and guest experience, followed by reflagging the hotel under a major hospitality brand.

The First Financial Capital team worked closely with the buyer to structure a tailored financing solution that supports their acquisition and improvement plans, enabling them to unlock the property's full value.

First Financial Capital is thrilled to announce the successful financing of an aquisition of a Menlo Park Chevron. Demonstrating our commitment to providing tailored financing solutions, we worked closely with the borrower to ensure a flexible financing structure.

First Financial Capital successfully provided financing for a borrower looking to buy out a partner's equity in a San Francisco area 76 Station. By using an existing recent appraisal FFC was able to fund within 14 days.First Financial

First Financial Capital successfully funded a $2,700,000 loan for the acquisition of a Bay Area Chevron. The Sponsor is a seasoned operator in the area and this acquisition will certainly bolster their strategic presence in the thriving Bay Area market

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.

We are thrilled to announce First Financial Capital's successful funding of a $4 million loan to acquire the Mobil gas station in a prime Oakland, CA. The acquisition was completed by an existing borrower, and our team was able to close the deal in an impressive 30-day timeframe. The loan encompasses both the business and real estate purchase.

First Financial Capital has successfully funded the acquisition of Leathers Enterprises, Inc. comprised of 24 gas stations spanning the state of Oregon.

We worked very closely with the borrower in order create a financing structure that suited all parties and could close within 45 days.
 
Within a week of engagement, the FFC team toured each site in Oregon and began drafting loan documents. This transaction is a testament to why First Financial Capital is the top gas station lender in California, Oregon, and Washington.

As privately capitalized lenders combined with a team comprised of people who used to operate gas stations, FFC can provide high-leverage debt in the eight-figure range in less than 30 days.

First Financial Capital has successfully financed the acquisition of an Arco branded gas station in Torrance, California in less than one month.
 
As a relationship-based lender, the borrower exercised their track record with FFC to get a financing commitment for 70% of the purchase price prior to submitting an offer. This allowed for the borrower to secure the deal against other bidders with an all-cash offer and 3 week closing.  
 
With our custom tailored loans that have no pre-payment penalties, and free renewals, the borrower can now seek conventional debt in leisure.