Recently Funded - Oregon Bridge Loans

First Financial Capital successfully provided $1,700,000 in bridge financing for the acquisition of a 76 branded gas station located in Salem, Oregon.

The asset sites on a .34 acre corner lot and includes a 2,000SF convenience store with 4 MPDs.

Located in a densely populated residential area, the site benefits from strong convenience store sales while also serving as a compelling covered land play due to the underlying real estate.

First Financial Capital has successfully financed the acquisition of a Sinclair blended gas station located in the city of Rufus, Oregon. The total price of this acquisition was 3,840,000. This transaction was unique due to the scope of real estate that was involved beyond the station itself, the acquisition included the purchase of five additional parcels in the surrounding area this assemblage comprised of both adjacent and surrounding lots bringing the total land area of the acquisition to 7.54 acres.

First Financial Capital has successfully provided financing for a truck stop located in Goldendale WA.

Our goal was to provide the borrower with the maximum amount of leverage in order for them to continue their growth mode during this economic period so as a result we came up with a financing structure that included a refinance of about $1 million and an additional $2.7 million in the form of a line of credit that will be used for future acquisitions.

The benefit of this transaction involves the borrower having full flexibility to be able to deploy his equity at his leisure towards future acquisitions and interest will only be paid on only funds that are dispersed.

First Financial Capital has successfully funded the acquisition of Leathers Enterprises, Inc. comprised of 24 gas stations spanning the state of Oregon.

We worked very closely with the borrower in order create a financing structure that suited all parties and could close within 45 days.
 
Within a week of engagement, the FFC team toured each site in Oregon and began drafting loan documents. This transaction is a testament to why First Financial Capital is the top gas station lender in California, Oregon, and Washington.

As privately capitalized lenders combined with a team comprised of people who used to operate gas stations, FFC can provide high-leverage debt in the eight-figure range in less than 30 days.

First Financial Capital recently funded a bridge loan to finish construction and stabilize a 76 branded gas station and convenience store in Oregon. This store is located in a very busy, fast growing community outside of Bend, Oregon.

We provided quick financing to a repeat borrower to acquire a Chevron gas station and convenience store in the Eugene Oregon area.