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Retail Building Loan - $400,000

In this transaction we were able to facilitate the refinance of this quasi-owner user building in San Ysidro, CA. 

LTV:      50%
Term:    Interest Only Term
Rate:     Confidential
Prepay:  N/A

San Diego Commercial & Business Financing is proud to present the funding of this owner user building in San Ysidro.  The clients occupied 30% of the building space so they were ineligible for standard SBA financing as well as traditional investor loans.  We were able to facilitate long term financing by creating a banking relationship with a local bank, allowing them to overlook that aspect of the transaction.  The transaction was funded by Sr. Vice President Shawn Harris.