Industrial Building Refinance


Loan Priority

1st Mortgage

Loan Amount


Loan to Value (LTV)


Loan Purpose

Owner-occupied commercial building. The cash flow of the property was severely impacted due to COVID-19, resulting in the bank calling its loan. The borrower required funds to refinance the existing mortgage and cover carrying costs. In addition, they were looking for flexible prepayment terms while they executed on their exit strategy.


Milton, ON