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Solar Panel Loan - $1,400,000

In this transaction we were able to facilitate the financing of a new installation of solar panels across multiple hospitality related properties.   payoff of a minor ownership percentage of the subject property.  We were able to allow for a modest amount of cash out in the face of numerous financial issues. 

LTV:      52%
Term:    4 Year Term
Rate:     4.50%
Prepay:  N/A

San Diego Commercial & Business Financing is proud to present the funding an "equipment" loan where the collateral were solar panels installed across multiple properties in tertiary markets.  The transaction was funded by Sr. Vice President Sam Petros.