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» $1.5MM Grocery Store - CA

Posted by Loan Closed


Our sponsor approached Avatar with a cash-out funding request after receiving notice that their conventional loan had been placed on permanent hold due to the current environment. Avatar was able to provide our sponsor with the liquidity needed in less than a week.

  • Loan Amount: $1,500,000
  • Broker's Commission: $15,000
  • LTV: 15%
  • Interest Rate: 9.00%
  • Term: 12 months

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