Difficult Small Business Loan – Consider That Bakery Loan Closed!

We Closed A Small Business Loan For This Bakery, in Highland Park, Despite Their Issues

1. Open Judgements
2. Credit Scores below 600
3. Multiple residential properties not making money that owner wanted to consolidate into the loan on Bakery
4. Needed to re-cast tax returns in able to reflect positive cash-flow to satisfy debt-service

Aggressive Lending Company overcame all of these issues and closed this bakery loan with the following terms:

1. 75% LTV
2. 6.5% Rate
3. 25 Year Amortization
4. Able to consolidate four residential properties (not cash flowing) into this loan, saving owner thousands over the life of the loan!

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