$1.836M GUN SHOP CASH-OUT
Refinance/ Cash Out Equity
Ft. Worth, Texas
Client came to V³ Lending when he wanted to acquire a new business but lacked the cash to do it.
V³ Lending arranged a $1,836,000 loan to refinance the clients existing debts and cash out approximately $300,000 in equity to allow the client to purchase the new business.
The loan was structured on a 5.0% interest rate with a 25 year amortization.