Closed Loan in Denver, Colorado
Property Type: Automotive
Loan Amount: $1,375,000
Location: Denver, Colorado
Broker Made: $40,000
A group of small business owners wanted to cash out equity in their automotive property to consolidate debt and pay off personal loans. Traditional lenders weren’t comfortable with the property type or ownership structure, but Silver Hill Funding, LLC overcame this challenge and provided a fully-amortizing loan for the borrowers.
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