Business Acquisition In Calistoga, Ca
Business Acquisition in Calistoga, CA. Borrower was referred to Rubicon through a local broker. The borrower was leasing a portion of the space to use for a business, and the opportunity came up for him to purchase the building. He intends to use the full space for his wine business and eventually refinance with a SBA 504 loan to pay Rubicon off.
Loan Amount: $825,000
LTC: Under 65%
Loan Position: First Deed of Trust
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