Retail Property In Plainfield, IN

Loan Type:
Bridge Loan
Loan Amount:
$2,000,000
Loan Term:
2 YR
Amortization:
Interest Only
Recourse:
Non-Recourse
LTV:
70%

Challenges

• The borrower’s current loan was maturing and needed to close quickly.
• The borrower was looking for the right loan structure that provided capital for tenant improvements and the ability to buy out a partner.

Solutions

• Money360 has established trust with this borrower so they came to us knowing we would deliver like we have in the past.
• The borrow had peace of mind knowing we would close on schedule with the proceeds needed to fully execute their business plan.

Stratos Athanassiades

Money360

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