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Loan Amount

$2,720,000

FFC Facilitates Seamless $3.4M Acquisition in Bonney Lake

Property Type
Gas Station
Area
Bonney Lake, WA
Purpose
Acquisition
Brand
Shell
FFC Facilitates Seamless $3.4M Acquisition in Bonney Lake

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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.

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    West Hollywood, CA 90069
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