Business Acquisition Loan
In Home Senior Care
5.5% interest Rate 10 year Term and Amortization
Client came to V³ Lending looking for a business only loan to acquire 3 In-Home senior care locations in Newark, DE after all lenders denied the loan due to the limited experience of the borrower and the lack of collateral.
V³ Lending was able to secure and fund the acquisition of the 3 In-Home senior care locations within 45 days of the deal being approved at 5.5% rate for 10 years.