With the property's existing financing due, the borrower asked Avatar to assist with an immediate refinancing of the property to provide a reasonable time frame to obtain conventional financing. Avatar was able to provide the capital needed, in a time frame that met everyone's needs. 

Avatar's commercial loan program provides up to 70% LTV with interest only payments, no prepayment penalties and can close within 10 to 15 business days. 

• Loan Amount: $1,000,000
• Interest rate: 8.99%
• Term: 12 months
• LTV: 45%