Recently Funded - 76 Gas Station Financing

First Financial Capital has closed a $2,500,000 cash-out refinance secured by a 76-branded gas station with a 7-Eleven c-store in Northern California. The site is a high-traffic signalized corner with a recently remodeled store.

The sponsor was working against a hard outside deadline. A deposit on a separate acquisition was at risk, and a conventional refinance had no chance of closing in time.

FFC funded on the sponsor's deadline and protected the deposit.

First Financial Capital successfully provided $1,700,000 in bridge financing for the acquisition of a 76 branded gas station located in Salem, Oregon.

The asset sites on a .34 acre corner lot and includes a 2,000SF convenience store with 4 MPDs.

Located in a densely populated residential area, the site benefits from strong convenience store sales while also serving as a compelling covered land play due to the underlying real estate.

We are pleased to announce the closing of a $6,715,000 financing for a 76 branded gas station with an on-site car wash and self-wash facility located in Bremerton, Washington.

The borrower is an experienced owner-operator with a significant portfolio of stations in the surrounding market.

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 recently funded the acquisition of a 76 gas station in Fremont California. The total loan amount was $3.5M and the borrower was able to close within 30 days.

First Financial Capital successfully completed the financing for a branded gas station and carwash located in the Inland Empire within 11 working days. The borrower reached out to FFC stating the importance that the transaction be completed before 2021 years end. The day after, the FFC team met with the borrower and committed to funding the transaction.

The complexity of this transaction included working closely with the title company. Prior to reaching out to FFC, the borrower had already started the process of obtaining SBA Financing which will be used to refinance our loan. In addition to being privately capitalized, all of our loans are designed with no prepayment penalties and no interest guaranteed payments which makes refinancing easy.

First Financial Capital successfully funded the acquisition of four major Northern California gas stations. Within one year, the borrower acquired all four stations from different sellers. Each transaction was unique and closed within 30 days. The stations were unbranded when acquired and the borrower converted them to 76, Chevron, and Mobil after the sale.

First Financial Capital recently funded a bridge loan to finish construction and stabilize a 76 branded gas station and convenience store in Oregon. This store is located in a very busy, fast growing community outside of Bend, Oregon.

First Financial Capital has successfully places an acquisition loan for 76 branded gas station located in Monterey County. The subject site area is approximatley 20,000 square feet with room do improve the [c-store (convenience store)](https://www.firstfincap.com/articles/acronyms). This was a highly sought after gas station with significant value add potential which required the borrower to act quickly.

FFC was able to provide the borrower with an [LOI (letter of intent)](https://www.firstfincap.com/articles/letter-of-intent) within a 24 hour request which allowed for the borrower to submit a irrefutable offer.