The acquisition included both the business and the real estate pictured above.  The borrower was up against a tight deadline and Rubicon’s internal underwriting team worked diligently to close in time. One of the benefits to working with an asset-based lender like Rubicon is that we specialize in funding loans when timing is of the essence. Rubicon’s expertise is concentrated on finding, qualifying and financing borrowers in need of unique or non-conventional loans.

Loan Amount: $3,475,000

Loan Term: 12 months

LTC: 50%

Loan Position: 1st Deed of Trust