Closed Loans

Closed Loan in New York

Closed Loan in Glen Cove, NY

Property Type: Restaurant/Bar
Purpose: Purchase
Loan Amount: $700,000
Location: Glen Cove, NY
Broker Made: 
$21,000

While business owners often struggle to secure financing for restaurant properties, this borrower in New York partnered with Silver Hill and received the funding they needed to make a purchase.  The key in this transaction was Silver Hill’s ability to use business bank statements instead of tax returns when approving the loan request.