$3.25M FUNERAL HOME CONSTRUCTION

$3.25M FUNERAL HOME CONSTRUCTION
$3.25M FUNERAL HOME CONSTRUCTION

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$3.25M FUNERAL HOME CONSTRUCTION
$3.25M FUNERAL HOME CONSTRUCTION

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PROJECT INFO

$3,250,000
SBA 7A Construction Loan
5.5% for 25 Years
100% Loan to Cost
Funeral Home
Salt Lake City, UT

PROJECT DETAILS

Client came to V³ Lending when their existing lender pulled out of the construction loan two weeks before closing. With sub par credit and a prior bankruptcy, V³ Lending was still able to structure 100% Loan to Cost construction loan for the client so they can expand their Funeral Home operation into a stand alone building.

Closed Transaction