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Medford, NJ — $1,600,000 SBA 7(a) Industrial Acquisition for a Medical Supply Company

A $1,600,000 SBA 7(a) loan at 85% LTV that financed an 18,651 sq ft Medford, NJ industrial building for a medical cleaning supply company.

1600000

Loan Amount:

LTV %:

85%

Medford

City:

Industrial Building — 18,651 sq ft, single-tenant, 2 loading docks (built 1970)

Property Type:

Purchase

Transaction Type:

A medical cleaning supply company sought to acquire an 18,651-square-foot single-tenant industrial building in Medford, NJ to add storage capacity and office space for its growing operations, with two loading docks to streamline logistics. Essencap structured an SBA 7(a) loan at 85% loan-to-value for $1,600,000 to finance the owner-occupied acquisition. The purchase gave the company room to scale its inventory handling and distribution.
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