Rubicon Mortgage Fund is pleased to announce the successful funding of a significant cash-out business working capital transaction totaling $2.1 million in Montclair, California (bordered by Ontario, CA), a major thoroughfare in San Bernardino County. The subject property, an expansive Office / Industrial building spanning approximately 14,000 square feet on four separate buildings, situated on 4.32 acres of industrial land.

The borrower sought this business working capital to advance their foothold in the billboard industry, transitioning towards digital advertising. Notably, the property’s strategic location, with convenient access to a nearby highway and railroad track, enhances its commercial appeal. Specifically, the borrower plans to launch a digital billboard on Sunset/Hollywood Boulevard in Los Angeles, CA—a premier location renowned for its high-visibility advertising opportunities. This strategic move aligns with their broader business strategy of diversifying advertising offerings to clients.

Interestingly enough, this loan was referred to us by a broker based in Miami, Florida. This demonstrates our capability to conduct business seamlessly from coast to coast, showcasing Rubicon Mortgage Fund’s nationwide reach and operational effectiveness.

The loan proceeds will not only facilitate the deployment of digital billboards but also support various other business expansion initiatives. Rubicon Mortgage Fund is delighted to have played a pivotal role in enabling this forward-thinking approach to industry evolution and expansion. This cash-out business working capital underscores our commitment to providing tailored financial solutions that empower entrepreneurial growth and innovation.

Loan Amount: $2,100,000

Loan Term: 12 Months

LTV: 30%

Loan Position: First Position Deed of Trust