$1,000,000 Commercial Cash-Out Refinance Angels Camp, CA
At Rubicon Mortgage Fund, we’re thrilled to announce our recent funding of a $1,000,000 commercial cash-out refinance business expansion for a motorcycle dealership located in the South Bay.
The subject property is an 8-unit retail strip center located in the largest retail plaza of Angel Camp’s downtown area. This bustling strip center boasts a 100% occupancy rate, with six diverse tenants ranging from restaurants to servicing companies.
Our borrower, a successful entrepreneur, has ambitious plans to expand their enterprise with this strategic commercial cash-out refinance. The loan in Angel Camp will enable the borrower to further develop and enhance their motorcycle dealership.
Our commitment to providing tailored financial solutions such as commercial cash-out refinance for business expansion remains steadfast, empowering entrepreneurs like our borrowers to realize their growth potential and achieve their business objectives.
At Rubicon Mortgage Fund, we take pride in supporting businesses seeking to expand and thrive. If you’re looking to finance your business’s next chapter, reach out to us today to explore how we can assist you in achieving your goals.
This transaction marks the 20th collaboration between Rubicon Mortgage Fund and our loan broker over the past six years, underscoring the strong and enduring relationship we have built with our clients.
Loan Amount: $1,000,000
Loan Term: 12 Months
LTV: 55%
Loan Position: First Position Deed of Trust
To see more funded deals, click here!
To keep up with us, click here!