Industrial Exit Financing

Exit Financing

Loan Priority

1st Mortgage

Loan Amount

$3,000,000

Loan to Value (LTV)

37%

Loan Purpose

1st mortgage was provided for a 240,000 SF multi-tenant industrial building, partly occupied by the owner. The loan was provided to assist the company to restructure its balance sheet and exit their insolvency proceedings.

Location

Chatham, ON