Equity Takeout for Business Reinvestment

Loan Priority

1st Mortgage

Loan Amount

$846,000

Loan to Value (LTV)

59%

Loan Purpose

The business-owner borrower required funds to repay outstanding obligations and reinvest in the business. We provided a tailored first mortgage solution that met the borrower’s immediate capital needs while preserving financial flexibility. The borrower intends to refinance with a financial institution once cash flow improves and the 2025 financial statements are completed, providing a clear and viable exit strategy for the loan.

Location

Toronto, ON