Loan amount
$1,200,000
Loan type
As-Is Property Value
$1,500,000
LTV
80%
{LTV}
Property type
Business
Borrower Details
Credit score
670
Deal experience
5 deals
This loan scenario was submitted by a Broker
Property Details
State
Florida
Loan Details
Additional Loan Information
I am looking for a business loan, to purchase a gas station business. I am not looking to purchase property. Purchase price $1.5M. Can put down $300-400K. Plan to sign contract next week. Gas station located in Sunny Isles, FL. Business produces around $300K in revenue annually. Prefer 25-30 year loan, if possible.
Status
Closed
Created
August 24, 2020 - 2:19pm
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