Restaurant in Fayetteville, NC Locks In Cash-Out Refi
This client brought us a quick and simple deal for their restaurant and bar located in Fayetteville, North Carolina. Our team at Commercial Capital BIDCO was able to help the restauranteur lock in a Cash-Out Refinance on their $350,000 loan with an LTV of 68% in just over a month. The loan proceeds will allow the client to make upgrades to the facility, hire additional employees, and pay off previous debts.
Did you know that we are a licensed and verified lender that works coast-to-coast to provide small-balance lending solutions for small businesses and large corporations with loan amounts from $500,000 to $3,000,000+? We provide the funding you need when you need it! Submit your deal information today at CommercialCapitalBidco.com to get started.
Borrower Receives Loan Extension for Fast Food Chain's Commercial Property
The fast food industry has continued its booming growth through the decades and the appeal for high-quality meals on-the-go reigns supreme across multiple generations around the country.
Looking to fund this ever-growing industry is always a sweet spot of ours here at Commercial Capital BIDCO. We're grateful to our borrower for a clean process! In October of 2023, our client closed on the extension of a loan for a commercial property located in Manhattan, Kansas at a requested loan amount of $1,040,000.00 with an LTV of 65%. The property itself is currently leased by a fast food chain and will continue this line of business in addition to implementing renovations thanks to the loan proceeds made possible with the loan extension. The renovations will enable the commercial building to receive its certificate of occupancy and the fast food chain can continue operations.
Looking to franchise a restaurant or start a fast food business in your area - we work across the United States to provide funding opportunities when your primary lender is not able to. Let's talk through your goals and plans today! Reach out to us on our website: https://commercialcapitalbidco.com/apply/