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Nationwide Direct Lender & Alternative Debt Investment Bank

TO APPLY, REVIEW PRODUCTS NEEDED

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admin August 2, 2019 0 Comments
vision logistics accolade

Vision Logistics and Management LLC

Modesto, CA

$575,000

Real Estate Financing

Funded Date: August 2nd, 2019

Transaction Overview – The borrower needed funds to complete a purchase of the building for their retail store, and grow operation.

Significance of Transaction – Since the property had a purchase option, we need to fund quickly. The lender was able to close and fund in three weeks from the application.

eQcho’s role – We structured a purchase loan for the borrower, on an interest only basis, thereby conserving cash flow to fund start up working capital. Also we able to get the seller to carry a second lien to come up with the difference needed for the purchase.