$35MM Bridge Financing for 24 Gas Station Portfolio Acquisition in 45 Days
- Loan Amount
- $35,000,000
- Property Type
- Gas Station
- Area
- Oregon
- Purpose
- Acquisition Loan
- Brand
- Leathers and Shell
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.
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