$2.8M RETAIL ACQUISITION
43,000 square foot retail shopping center
Client came to V³ Lending when they wanted to expand and consolidate their distribution operation into one location instead of leasing multiple locations. All of the client's lenders could only offer a 5.5% interest rate with a 25% down payment.
V³ Lending arranged a loan for $2,250,000 in which the client only injected a 20% down payment with a 5% fixed interest rate on a 25 year amortization. V³ Lending was able to close this loan in less than 2 weeks after approval from the lender.