PROJECT DETAILS

V3 Lending successfully closed an SBA 7A loan to acquire a Dry Cleaning Plant in Frisco, TX. Client came to V3 Lending after their current lender increased their rate and cash injection 2 weeks from the scheduled closing date. V3 Lending was able to take over the transaction, assign all the third party reports to the new lender, and close within 30 days with a 10% down payment at Prime + 1.25%.