The Challenge
A low appraisal on a ground-up construction project required a larger down payment than the borrower had planned, putting both the project and long-term family plans at risk.
Loan structure
Through SBA 504 financing, the lender confirmed up to 100% loan-to-value, exceeding standard bank requirements and minimizing the borrower’s cash injection.
Results
The borrower moved forward with the project while preserving working capital and securing a long-term facility that supports the family’s goal of building a lasting business for their sons and future generations. And they did this for two buildings!