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Acquisition Loan for Unbranded Gas Station 85% LTV
First Financial Capital has successfully provided an acquisition loan at 85.00% LTV (Loan to Value) for an unbranded gas station located in northern California. Our borrower is a seasoned gas station operator and had received a branding proposal from the future franchisor prior to the acquisition of the property. With the funds, the borrower plans to double the size of the convenience store and use the remaining funds as a down payment for the acquisition of another gas station.
- Closing Date
- Loan Amount
- Northern California
- Acquisition Loan