Using loan proceeds, a Columbus, Ohio-based transportation company paid off a cumbersome bank loan and enlarged its fleet, helping it win – then fulfill – a contract with the State of Ohio.
Loan Amount: $450,000
Property Value: $1,100,000
Using loan proceeds, a Columbus, Ohio-based commercial contractor made capital improvements to an office building – helping it generate monthly income while creating a safe, updated home to four local small businesses.
Loan Amount: $438,000
Property Value: $526,700
A hard-working Midwestern truck driver purchased real estate to help fund his and his wife’s retirement. When the 2008 recession came along, he lost his holdings – except for a single apartment building. Using one of our loans collateralized by the property, he was able to pay off the bank to improve his credit score while saving his investment – and his future retirement.
Loan Amount: $320,000
Property Value: $675,000