Loans to
Commercial Property

Location: Davis, CA
Funded: $840,000
Private Loan Type: Purchase Loan

licensed-cannabis-processing-facility

Deal Highlights:

  • The borrower was unable to secure traditional financing

  • Their cannabis business had all of the appropriate licensing

Deal Summary:

For a number of reasons the borrower could not obtain traditional financing for the building, which was to be used for legal cannabis processing. The broker they were working with reached out and presented the deal points to see if we’d be able to provide private capital. After doing our due diligence, we determined that we could in fact assist in getting the purchase of the cannabis processing facility completed.

Deal Details:

  • Property Type – Commercial

  • Lien Position – First Mortgage

  • Loan-to-Value – 60%

  • Loan Term – 6 months

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Looking To Get Started?

Contact us today for more information regarding any of our loan products. As direct lenders, we make quick approval decisions, and can provide funding in as little as 7-10 days. We are available via phone or email anytime of the day or night.