Here's some examples of deals that needed our help:
Gas Station Loan - The applicant thought he had SBA financing and was all set to buy a gas station, but financing dissolved and Shell gave the applicant 30-days to purchase property or lose $50,000. Borrower needed a 90% loan. We arranged a private money loan secured by subject property, with a second on a rental house and personal residence and the purchase was consummated.
Truck Terminal - Buildings on the property were small and most of the 9-acre property was used for parking, so many lenders felt excessive land was the only loan security and the trucking terminal tenant had lost a tomato hauling contract representing over half of their income. Based on successful history of operation and high liquidity of applicants, one of our bank lenders made a fixed rate loan.
Apartment Refinance - A residential loan broker who raised llamas in a rural community outside California needed help refinancing an apartment complex. She didn't know us, but trusted us to represent her and her client and we placed the loan with one of our savings and loan investors.
Pan Pacific Financial Corp 120 Kipling Ct., Suite 200 - Roseville CA 95747