Placer County, CA – $450,000

This borrower needed a line of credit to assist with their business operations. While their primary business showed recent losses due to circumstances outside their control, their business property had attributes that allowed us to make a loan. We left their first lien in place (it had a very good interest rate) and provided a $450,000 line of credit under our exclusive Convertible Commercial Line of Credit Plus(CCLOC+).