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FFC Facilitates Seamless $3.4M Acquisition in Bonney Lake

Loan Amount
$2,720,000
Property Type
Gas Station
Area
Bonney Lake, WA
Purpose
Acquisition
Brand
Shell

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.

* To protect privacy, image may not be of the described site.

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