$13,000,000 Convenience Store, Car Wash, & Gas Station Construction Loan

First Financial Capital has successfully provided the financing for the construction of a convenience store, gas station, and carwash. The complexity of this transaction involved a double-faceted financing with both refinancing of the existing land debt and providing a construction commitment bringing the LTV to 78%. FFC looks to the sponsor first, then the collateral property, which is why our team was able to provide a custom-tailored loan with sizable construction disbursements and interest reserves.