Stanislaus County, CA
It was probably the worst time in recent history to find construction financing from a bank…especially because the building that needed financing was dark – closed for business. Our Borrower had great equity and experience, and ReProp funded the small business loan to turn the lights back on. We worked with our Borrower, his contractor, and Circle K and its vendors to rebrand the business and launch a now-thriving operation. Now our Borrower has time to establish an income history before refinancing conventionally, and is in position to look at opportunities for expansion. We’ve been told that this is the “best convenience store in town.”