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Loan Amount

$2,150,000

70% LTV Quick Gas Station Loan and Carwash Loan; California Central Coast

Area
California Central Coast
Purpose
Acquisition Loan
Brand
Unbranded
70% LTV Quick Gas Station Loan and Carwash Loan; California Central Coast

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First Financial Capital has successfully funded the acquisition loan for an unbranded gas station and free standing car wash located in Santa Maria, California. On roughly a half acre of land, the subject property included an updated 70 foot long car wash tunnel and room to improve the [C-store ( Convenience Store)](https://www.firstfincap.com/articles/acronyms)

The borrower had reached out to FFC just days before submitting an offer and recieved a verbal commitment to provide funding for this acquistion. This gave the borrower the freedom to write in an all cash offer with confidence, giving them a competitve edge against other offers.

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