Provided SBA financing for a client’s Medical Administrative business.
Office building in the Highland Park neighborhood of Los Angeles
Client runs a succesfull medical company and was a tenant at a property in Highland Park for 25 years. Had and opportunity to purchase his building and continue to grow his business.
- Environmental issues that required a Phase 1 & Phase 2
- First time commercial purchase for buyer
- Used long-standing contacts at third-party company to expedite environmental reports
- Advised client on his commercial purchase and how it
- Loan Amount (LVT): 90%
- Interest Rate: 3.20%
- Amortization: 25-years
- Term: 25-years
- Recourse: Recourse