Albertson, NY — $1,350,000 SBA Purchase

A $1,350,000 SBA purchase at 90% LTV on a commercial building in Albertson, NY.

$1,350,000

Loan Amount:

LTV %:

90%

Albertson

City:

Commercial Building (music school)

Property Type:

Purchase

Transaction Type:

A business owner set out to purchase a commercial building in Albertson, NY for their own operations — the kind of owner-occupied deal conventional lenders tend to slow-walk.

Essencap structured the financing at 90% loan-to-value for $1,350,000, underwriting the owner-occupied business case rather than forcing it into a rigid box.

Owning the property gave the business a stable base to operate and grow from.

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