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Refinance
228 S Oxford Ave
Los Angeles, California 90004
The borrower expects his restaurant income to improve after renovations, enabling him to repay the loan soon. He is the owner of a well-known Korean wild ginseng business in Koreatown, which has been established for over 10 years.
Loan TypeRefinance
Property TypeCommercial
Appraisal Value$ 3,500,000
Requested Loan Amount$ 2,450,000
Combined Loan to Value (CLTV)70%
Interest Rate14%
Loan Term1 Year
OccupancyRental
Created AtJan 6, 2025, 10:30 PM
Updated AtJan 6, 2025, 10:30 PM
Loan purpose
The borrower aims to enhance his business operations on-site and requires $300,000 for this purpose.
Exit plan
The borrower expects his restaurant business income to improve after renovations so he can repay money soon. https://cafethebarnkt.com/contact-cafe-the-barn
Requested Loan Amount:
$ 2,450,000
Loan Type: Refinance
Contact:
[email protected]213-804-9555
JK
john kim