Skip to main content
Submit a deal

Loan Amount

$13,000,000

First Financial Capital Secures Double-Faceted Financing for Innovative Convenience Store, Gas Station, and Carwash Project with Impressive 78% Loan-to-Value

Property Type
Gas Station
Area
California
Purpose
Construction Loan
Brand
Arco
First Financial Capital Secures Double-Faceted Financing for Innovative Convenience Store, Gas Station, and Carwash Project with Impressive 78% Loan-to-Value

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

First Financial Capital has successfully provided the financing for the construction of a convenience store, gas station, and carwash. The complexity of this transaction involved a double-faceted financing with both refinancing of the existing land debt and providing a construction commitment bringing the LTV to 78%.
 
FFC looks to the sponsor first, then the collateral property, which is why our team was able to provide a custom-tailored loan with sizable construction disbursements and interest reserves.

Have a similar deal?

Talk to the team that closed this deal

We closed this gas station construction loan in California. Tell us about yours.

Tell us about your dealCall (310) 694-5060

Related Financings

$15.6MM in 100% Construction Financing Secured for Arco | Riverside County

First Financial Capital successfully provided 100% financing for the hard costs of a newly developed Arco-branded fuel facility, featuring a 4-MPD diesel station, 3,800 SF convenience store, and car wash. Located just off the freeway on 2.57 acres along Interstate 215, the site is positioned to become a key fueling...

Read more

$4,965,000 Funded: Business and Land Acquisition with Cash Out

First Financial Capital successfully completed multifaceted financing structure in the amount of $4,965,000 in 30 days. Transaction Overview This custom financial solution was structured to address three simultaneous capital needs for the borrower, including real estate acquisition, business expansion, and capital improvements. Deal Structure Breakdown The $4,965,000 facility was allocated...

Read more

Ventura County Gas Station Acquisition Financing

First Financial Capital provided $3,300,000 for an acquisition of an Arco in Ventura County, CA. We moved quickly by working with the borrower's broker and went from first contact to fully funded in under ten days.

Read more

Construction Loan for Arco Ampm, Three QSR, and Carwash Development

First Financial Capital has successfully placed a $10,900,000 construction loan for the development of an Arco/ampm, three [QSR (quick service restaurant)](https://www.firstfincap.com/articles/acronyms), and carwash in Menifee, California at a [LTC (loan to cost)](https://www.firstfincap.com/articles/loan-to-cost-ltc) of 80%. The sponsor has an extensive background in both the development and operation within the retail space...

Read more

Have a deal? Tell us about it.

We are a direct lender. Describe the scenario and we will tell you whether we can finance it.

Submit a dealOr contact us

Our office

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