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Just Financed: $4.3M Acquisition of a Southern California Arco
First Financial Capital has successfully financed the acquisition of an Arco branded gas station in Torrance, California in less than one month. As a relationship-based lender, the borrower exercised their track record with FFC to get a financing commitment for 70% of the purchase price prior to submitting an offer. This allowed for the borrower to secure the deal against other bidders with an all-cash offer and 3 week closing. With our custom tailored loans that have no pre-payment penalties, and free renewals, the borrower can now seek conventional debt in leisure.
- Closing Date
- Loan Amount
- West Coast
- Acquisition Loan