Loan Type: Bridge – Acquisition
Grand Pacific faced numerous challenges to be overcome before we could achieve our client’s needs.
• Required to close this deal within the week due to pending sale from a creditor-bank
• The property faced environmental issues and was a special purpose property
• Existence of unpaid taxes
In order to close within our client’s deadline, a high precision execution was demanded.
We were able help the project by providing the funding where conventional lenders could not deliver.
• Assisted with environmental cleanup by structuring additional funds
• Recognition of immaculate credit history and sound business plan
• Closed within the borrowers desired time frame
Our team was able to perform with excellence and once again won the reputation in the industry.