Recently Funded - California Bridge Loans

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 across three distinct components:

• Part 1: Leasehold-to-Fee Simple Acquisition (Arco Station) Financing provided to purchase the underlying land of an existing Arco-branded gas station. The operators previously owned the business operations but have now secured the real estate. FFC provided 100% of the proceeds.
• Part 2: 100% Business Acquisition First Financial Capital provided 100% of the cash proceeds required for the operator to acquire a new, separate business entity (Business Only Loan).
• Part 3: Cash-Out for Site Improvements A cash-out, non-revolving credit line was established to fund critical site improvements. Specifically, these funds are designated for the replacement of fuel tanks at an existing gas station owned by the borrower.

First Financial Capital is proud to announce the successful funding of a $2.6M acquisition loan for two Chevron gas station properties in Redding, CA.

This financing supports a strong operator who is actively expanding across the Bay Area and Northern California.

First Financial Capital has closed a $3,000,000 acquisition loan secured by an unbranded gas station in West Covina, California, financing the $6,000,000 purchase at 50% LTV.

The property was in pre-foreclosure and required a fast closing. FFC structured, underwrote, and funded the loan in under two weeks of loan approval.

The borrower already owned several sites surrounding the subject property, making this a strategic acquisition to consolidate ownership of the surrounding area.

First Financial Capital successfully financed the land acquisition for an Arco branded gas station, covering a 20,972 SF lot at a $2,270,000 purchase price, financed at 100%.

The borrower already operated the site, having acquired the business with FFC financing three months ago. From the start, the plan was to finance the business first and the land second. The borrower had already negotiated the land purchase with the oil company before even closing on the business, so this deal was set up well in advance.

Strategized from day 1.

First Financial Capital is pleased to announce the successful closing of a $2,800,000 cash-out refinance for a Mobil-branded gas station in Lakewood, CA.

The proceeds were structured as a non-revolving line of credit. Under this structure, the borrower retains full discretion over the funds and is only responsible for interest on the amount disbursed.

First Financial Capital has closed an $8,000,000 bridge loan secured by a 68-room boutique hotel in beautiful Laguna Beach, California. The facility was structured, underwritten, and funded in under a week. The transaction reflects FFC's continued focus on speed and certainty-of-execution.

First Financial Capital successfully funded the acquisition of a Valero-branded gas station in Antioch at 93% LTV in the amount of $2,830,000.

Located on a half-acre lot off the freeway, this deal presented significant challenges, including an expiring lease and a lack of historical financials from the operator. By leveraging our deep industry expertise, we developed realistic performance projections to overcome these hurdles and secure high-leverage financing for our client.

First Financial Capital successfully facilitated acquisition financing for a Chevron-branded gas station and convenience store in Livermore, California. This was a strategic purchase for a major Bay Area operator expanding their operations in the area.

First financial capital has successfully financed the acquisition of a Chevron branded gas station located in Hayward, California.

The purchase price totaled $3,950,000 with the borrower contributing only 20% down. We've structured and closed the transaction within 60 days this property sits on just under half an acre and includes an on site car wash.

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 destination for truck operators and a high-visibility stop for highway travelers.

Backed by a $4.1MM loan, this transaction marks a strategic expansion for our client, whose strong and diversified portfolio continues to set the standard for gas station operations in Northern California.

First Financial Capital successfully funded $4,000,000 for the acquisition of a Chevron gas station in Berkeley, California. The borrower, an experienced operator with a growing portfolio of fuel and convenience assets across the Bay Area, secured this high-visibility location to further expand their regional footprint.

First Financial Capital is proud to announce the successful funding of a $1.1MM acquisition loan for a Shell gas station in the Stockton, CA area.

The loan was structured with 100% financing, allowing our client to acquire the asset without an equity contribution. The borrower is a seasoned jobber with a strong footprint in the retail fuel market.

First Financial Capital has successfully financed the construction expenses for the development of a Chevron branded gas station, 4000 square foot convenience store, a quick service restaurant space and a car wash in Fairfield, CA. This will be a state-of-the-art Chevron gas station sitting on 1.65 acres which we project will be pumping 350,000 gallons a month in addition to having a express car wash with 18 vacuum stations.

First Financial Capital has successfully provided financing for the acquisition of a Valero gas station in Tracy, CA.

The borrower, a seasoned operator with several sites already under ownership in the region, was seeking to strategically expand his portfolio. Our objective was to structure financing that maximized leverage while maintaining operational flexibility. As a result, we provided a $1.9 million acquisition loan that allowed the borrower to preserve liquidity and continue pursuing additional opportunities.

First Financial Capital has successfully financed the acquisition of the land for an existing operator of a gas station in Vacaville CA. Providing financing for this site with seamless since the borrower had already owned the business and was simply exercising the right to purchase the land. We stepped in and provided 100% of the financing, funding the full $2,900,000 acquisition.

First Financial Capital has successfully financed the acquisition of a Chevron-branded gas station in Yuba City in the amount of $2,000,000 at an LTV of 76%. The swiftness of this transaction stemmed from the lender–borrower relationship built over the past year. The borrower called us directly, and within five minutes we ran through the loan scenario. This gave the buyer the confidence to draft an offer without even having a term sheet in hand. Shortly thereafter, we issued a term sheet and delivered loan documents that mirrored exactly what was discussed on that initial call.

First Financial Capital is proud to have financed the acquisition of a premier Class A office building in Walnut Creek, CA for an existing client. This $6,000,000 transaction was successfully closed in just 30 days.

The penthouse level of the building will soon become our client’s new corporate headquarters.

First Financial Capital is proud to announce the successful closing of a $11MM loan for the purchase of a Chevron in Salinas, CA – with 100% LTV financing.

We worked closely with our existing client to structure a tailored financing solution, leveraging other sites in their portfolio to secure maximum leverage and achieve 100% LTV. This particular Chevron location is a high-performing site, with strong fuel sales volume and exceptional margins for the area, making it a valuable addition to our client’s expanding portfolio. By recognizing the strength of both the business and the borrower’s existing assets, we provided a strategic financing solution that supported their growth objectives while maximizing their investment potential.

First Financial Capital is proud to announce the successful $3.99 million acquisition financing for a Mobil gas station in Oakland, CA. As a returning borrower, our client once again benefited from our streamlined process and tailored financing solutions, allowing us to close the transaction within 30 days.

First Financial Capital is pleased to announce the successful $1.7 million acquisition financing for a Chevron gas station in Northern California. As a returning client, the borrower benefited from our efficient process and tailored financing solutions, allowing us to close the transaction in under 30 days.

First Financial Capital successfully funded $2.5MM for the acquisition of a prime redevelopment site just off the airport in Salinas, CA, meeting an exceptionally tight closing timeline. The borrower plans to transform the now-closed property into a Chevron gas station.

First Financial Capital has successfully financed the acquisition of land entitled for the development of a car wash. The property, located in Long Beach on Pacific Coast Highway, spans approximately half an acre and is strategically situated adjacent to the borrower’s existing gas station, making it a key asset to enhance their portfolio. The purchase price of the property is $4.4 million, with a loan amount of $6.175 million.

This complex transaction involved refinancing additional collateral while securing the deal with only a 10% capital injection. Our team executed and closed the transaction in just 30 days, ensuring a seamless and efficient process for the borrower.

First Financial Capital has provided a $4 million acquisition loan for a 44,000 square-foot office building in Walnut Creek, California. This transaction showcases our ability to structure flexible financing solutions, as we worked with an established gas station operator to fund their corporate headquarters relocation.

Our tailored approach enabled the borrower to leverage their existing relationship with us while expanding their real estate portfolio.

First Financial Capital is proud to announce the successful financing of a 12.48-acre, state-of-the-art truck stop and travel center located in Bakersfield, CA. The property features two 2,500-square-foot commercial spaces and an impressive 80 Tesla Supercharging stations, making it a prime destination for commuters traveling along the I-5 freeway.

This complex transaction involved the consolidation of debt across four other collateral properties. While the purchase price of the property was $17.5 million, our team successfully structured and closed a total loan amount of $20.7 million, ensuring our client had the resources needed for a smooth acquisition.

Our team delivered acquisition financing within 45 days of engagement, demonstrating our commitment to efficient execution paired with our deep-rooted knowledge in the industry.

First Financial Capital is pleased to announce the successful funding of a $2.3 million acquisition loan for the purchase of an unbranded gas station in Oakland, California. This strategic financing enables the buyer to expand their business operations within Oakland.

First Financial Capital is pleased to announce the successful closing of a $6.1 million acquisition loan for a gas station in Oakland, California. This transaction demonstrates our commitment to supporting experienced gas station operators in the area.

First Financial Capital is pleased to announce the successful funding of a $5.1 million acquisition loan for a Chevron gas station and convenience store in San Jose, California. This transaction highlights our commitment to supporting the growth of our valued clients, as the borrower is an existing customer expanding their portfolio in the region. Notably, we were able to provide high leverage financing by utilizing equity in another site the client owns in the area, demonstrating our flexible approach to structuring deals.

First Financial Capital is thrilled to announce the successful financing of an aquisition of a Menlo Park Chevron. Demonstrating our commitment to providing tailored financing solutions, we worked closely with the borrower to ensure a flexible financing structure.

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 successfully funded a $2,700,000 loan for the acquisition of a Bay Area Chevron. The Sponsor is a seasoned operator in the area and this acquisition will certainly bolster their strategic presence in the thriving Bay Area market

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.

We are thrilled to announce First Financial Capital's successful funding of a $4 million loan to acquire the Mobil gas station in a prime Oakland, CA. The acquisition was completed by an existing borrower, and our team was able to close the deal in an impressive 30-day timeframe. The loan encompasses both the business and real estate purchase.

We're excited to announce the successful funding of a $4.3 million loan for a new Shell gas station in Mountain View, CA. This project is especially significant as the borrower is a repeat client with multiple sites in the area.

With a seamless 30-day closing timeline, this expansion enhances their portfolio and underscores our commitment to supporting thriving gas station operators.

We are thrilled to announce our latest financing! FFC has proudly funded a $2.3 million loan for a Bay Area Valero Station. As trusted partners, we continue to provide tailored financial solutions that drive success for our clients in their respective markets.

First Financial Capital has successfully provided 100% financing for the acquisition of a Long Beach, CA Mobil gas station. The complexity of this transaction was that the appraisal amount came in shorter than expected; however as experts in the gas station industry, FFC recognized that the site was being purchased under market value which allowed for 100% financing.

First Financial Capital recently provided bridge financing on a nonconforming property near downtown Los Angeles. The borrower needed to close within 30 days to avoid penalties, but due to the non-conforming nature of the property, had trouble securing financing through conventional means. After thorough analysis of the property, we determined it was worthy of a $6.7M loan facility, and provided financing within thirty business days.

We are pleased to announce that First Financial Capital recently funded the acquisition of an Chevron gas station and carwash in Mill Valley, CA. The buyer is an established operator with multiple locations in the area. This particular business will be a great addition to the portfolio.

First Financial Capital recently funded the acquisition of an unbranded gas station and carwash in San Rafael, CA. The borrower was a local operator (with prior experience in the industry) looking to diversify his investment portfolio with a great return. We closed in under 30 days and this was part of a larger transaction.

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 construction financing for a Circle K C-Store and gas station development in the San Diego Area in the amount of $4,675,000.

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 provided acquisition financing for purchase of an unbranded gas station and c-store in Oakland, California.

First Financial Capital is pleased to have helped the borrower make the acquisition.

First Financial Capital has successfully provided an acquisition loan at 85.00% LTV (Loan to Value) for an unbranded gas station located in northern California. Our borrower is a seasoned gas station operator and had received a branding proposal from the future franchisor prior to the acquisition of the property. With the funds, the borrower plans to double the size of the convenience store and use the remaining funds as a down payment for the acquisition of another gas station.

First Financial Capital provided acquisition and construction financing for an ultra luxury home in Pacific Palisades, California. The loan was for $15,300,000.

This is the second project we have done in the area and we look forward to becoming the lender of choice for Pacific Palisades development projects.

First Financial Capital’s Construction Loan programs are designed to meet your specific financing needs whether you are building a new custom home or doing a ground-up development project.

First Financial Capital has successfully funded the acquisition loan for an unbranded gas station and free standing car wash located in Santa Maria, California. On roughly a half acre of land, the subject property included an updated 70 foot long car wash tunnel and room to improve the [C-store ( Convenience Store)](https://www.firstfincap.com/articles/acronyms)

The borrower had reached out to FFC just days before submitting an offer and recieved a verbal commitment to provide funding for this acquistion. This gave the borrower the freedom to write in an all cash offer with confidence, giving them a competitve edge against other offers.

First Financial Capital had successfully completed construction financing for a 16-acre travel-center & truck-stop development in the San Joaquin Valley, California in the amount of $11,450,000; 78% [LTC (loan to cost)](https://www.firstfincap.com/articles/loan-to-cost-ltc).

FFC was able to provide the borrowers with their first loan disbursement within two weeks of receiving a fully executed [LOI (letter of Intent)](https://www.firstfincap.com/articles/letter-of-intent), however, funding was delayed due to [ROFR (right of first refusal)](https://www.firstfincap.com/articles/right-of-first-refusal) rights upon signing a franchise agreement that were prejudice to the lender. FFC reacted quickly and their team was able to come to a subordination agreement with the franchisor within 30 days.

Estimated project completion is set for 10-months (Summer, 2022)

FFC recently funded the acquisition of a Bay Area Shell Station. The buyer was able to opportunistically acquire this Shell Station with our fast financing. We were able to go from first contact to closed deal in under 10 days.

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 successfully funded the acquisition of a state of the art Northern California Chevron station. The borrower used First Financial Capital for several transactions and this acquisition was closed in 30 days.

First Financial Capital successfully funded the acquisition of a Kwik Serv station in South San Francisco. The borrowers were able to acquire the property with funds provided for both the real estate and the business purchase.

First Financial Capital provided acquisition financing for an unbranded gas station and carwash in Santa Maria, CA. Acquired by a repeat client who is an experienced operator with multiple locations in the area. First Financial Capital’s lending team worked closely with the borrower to structure a loan that met their needs and closed within 30 days of application.

First Financial Capital successfully financed the acquisition of a gas station located in San Mateo County in 3 weeks.

Resting on roughly a half-acre, this gas station transaction occurred off-market. FFC's client is a seasoned operator in the gas station industry and pledged collateral in order to obtain 100% financing for this acquisition.

The complexity of this transaction involved urgency in order to meet 1031 requirements. From the date that the borrower had sent in the loan request, in two weeks, FFC utilized their network in order to obtain an MAI appraisal report allowing for this transaction to complete in 3 weeks.

First Financial Capital has successfully completed financing for the construction of a carwash and the future acquisition of another asset within 14 days.

FFC designed this loan specifically for our client to be divided into two installments; the first installment to pay off existing land debt & finance the construction of a carwash. The second installment will serve as a pledge to our client to go directly to escrow to fund the future acquisition of another asset. This gives our borrower the ability to pursue the acquisition of other assets in confidence.

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.

First Financial Capital has successfully financed the acquisition of a 50,500 square foot, Shell branded gas station located in Bakersfield, California. As a privately capitalized lender with full flexibility to curate a loan specific to each transaction, FFC based the loan off sponsor pedigree and provided a loan commitment within two weeks.

First Financial Capital has provided a loan for the acquisition of a 12-unit multifamily structure facing Dolores Park. The property features approximately 12,000 sf of net rentable space.

Given the demand to live by Dolores Park since the 2014 renovation, this property had received multiple offers above asking. We had given the borrower our full commitment to finance with an [IO (interest-only)](https://www.firstfincap.com/articles/interest-only-loan-io) loan, which allowed the borrower to make an offer with favorable terms. This included no contingencies aside from inspection contingences, and seven day due-diligence period. The borrower sought out institutional financings within four months, and paid the [OLB (outstanding loan balance)](https://www.firstfincap.com/articles/acronyms) without any pre-payment penalties.

First Financial Capital financed the construction loan for development of a luxury [SFR (single family residence)](https://www.firstfincap.com/articles/acronyms) behind the Bel Air Gates. The subject development site is over one acre of flat land and is situated on a hillside which offering tremendous views.

The developer has thorough experience developing luxury homes and has a track record of developing some of the most luxurious houses in Los Angeles, California.

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.

First Financial Capital completed a refinance of an existing gas station in three days. The borrower was in the final stages of obtaining [SBA financing](https://www.firstfincap.com/articles/sba-loan-small-business-administration-loan) to take out the preexisting lender, however the lender was adamant on the maturity date and was persistent on foreclosing on our borrower. With the ability to close in stellar speeds, FFC was able to complete a quick gas station refinance without any prepayment penalties. Our borrower’s [SBA financing](https://www.firstfincap.com/articles/sba-loan-small-business-administration-loan) completed one week thereafter and paid off their [OLB (outstanding loan balance)](https://www.firstfincap.com/articles/acronyms) with us without any fees.

First Financial Capital has successfully completed financing for the acquisition of an unbranded service station located in northern California in the amount of $1,600,000. FFC was able to finance the borrower at almost 90% [LTV (loan to value)](https://firstfincap.com/articles/loan-to-value-ltv) with favorable terms and no prepayment penalties.

**First Financial Capital** successfully funded the sponsor for a construction loan of an ultra-luxury home in the Pacific Palisades. The complexity of this transaction involved paying off existing debt on a near completed project & forecasting the future value of this home which is what FFC does best. The sponsor carried our financing for eight months and paid off the loan without any prepayment penalties.

We understand that it is hard to predict when an asset will sell, so we work with our borrowers to offer favorable renewal terms and no prepayment penalties to give our borrowers a competitive advantage in the real estate space.

First Financial Capital provided an acquisition loan in the amount of $1,260,000 for a Marathon branded gas station located in northern California. The subject site had received multiple offers at asking, however our client was the only offer without financing contingencies. The borrower had contacted FFC and we provided a commitment to allow for them to make an offer with full confidence.

FFC had initially committed to 76% [LTV (loan to value)](https://www.firstfincap.com/articles/loan-to-value-ltv) for the acquisition in the amount of $1,000,000, however the borrower offered for us to cross collateralize with another asset in order to obtain the remaining delta in the amount of $260,000.

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 and has since become the largest Arco/ampm owner and operator in California.

Despite the market uncertainty during the peak period of the COVID-19 pandemic in May, 2020, FFC was still able to provide the sponsor with an [LOI (letter of intent)](https://www.firstfincap.com/articles/letter-of-intent) in 24 hours. Three weeks thereafter, the borrower received the first draw of $2,725,000 of four in June, 2020.

The ease of this transaction was only possible due to FFC being privatley capitalized which allowed for a quick credit descision process.

Estimated completion of the project is set for December, 2021.

First Financial Capital provided a gas station loan for the development of 1.21 acres of land to build a Shell branded gas station with a Circle-k branded [c-store](https://www.firstfincap.com/articles/acronyms) and car wash in Irvine, California.

First Financial Capital had booked two loans for one property, one for the initial acquisition in the amount of $1,345,000 and the other for the construction loan in the amount of $13,500,000 bringing the total loan amount to $14,845,000.

The borrower needed quick funding for the acquisiton of fee-simple real estate and a clear game plan as to how they would go about developing the luxury home. FFC commited to providing the initial acquisiton funding which would then follow with the construction loan upon having full architecutal plans in hand.

While we do provide interest reserves on our loans, the borrower decided not to utlize it despite being in the midst of the COVID-19 pandemic.

The developer accurately predicted the estimated time of completion and sold the house in a turnkey state in Spring of 2021

Located in the heart of downtown San Francisco, First Financial Capital had provided a construction loan for the development of the Ritz Carlton Residences in San Francisco which consists of 52 residential units within 24 floors. FFC had worked an agreement with the sponsor where 75% of the principal payment received for each of the units sold would be allocated towards paying down the [OLB (outstanding loan balance).](https://www.firstfincap.com/articles/acronyms)

the structure is considerably the best place to live in San Francisco. The Ritz Carlton brand has a reputation for offerings premium services. Each of the residential units feature top of the line appliances, top tier finishes, 24-hour concierge & valet, on top of all of the other services that the brand offers.