Industrial Facility Refinance

industrial facility refinance

Loan Priority

1st Mortgage

Loan Amount

$3,800,000

Loan to Value (LTV)

51%

Loan Purpose

1st mortgage was provided in order to refinance the existing debt against a 55,000 SF industrial facility. The loan was provided as a bridge solution until the business can establish revenue and refinance with a bank.

Location

Guelph, ON