Bridge Loan For industrial Property

Loan Type:
Bridge Loan
Loan Amount:
$4,050,000
Loan Term:
3 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
75%

Challenges

• Money360 recently closed a $4 million loan on this industrial building. Credit and background issues were among the chief challenges in this deal.

Solutions

• Through due dilligence, we were able to overcome credit and background issues. We gave assurance that we had reviewed and were comfortable issuing LOI knowing everything about the background.

Steve O'Shaughnessy

Money360

View Bio

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