Humboldt County, CA – $2,000,000
We were approached by our borrower to provide funding very quickly after the loan they’d anticipated fell through. We were able to use our contacts in the timber field to obtain a verbal value, perform a site visit in the snow, arrange for doc signing in two separate locations, and advance the funds the borrower needed on time. The balance of loan proceeds will be disbursed upon receipt of an appraisal. Like, how cool is that?