In the world of entrepreneurship, a dynamic couple spotted a business opportunity and needed rapid startup capital. They leveraged their luxury executive rental home in Paradise Valley, Arizona, to secure a substantial $3,800,000 loan from Seattle Funding Group. With a one-day turnaround for underwriting and a closing in under two weeks, this timely financing utilized the recently remodeled rental property’s strong value.
Even in an evolving market, equity built over the years offers opportunities for strategic business funding. Special thanks to Bob Williamson and Nick Leonard at Innovative Capital Commercial for their pivotal role in advancing the loan. We extend our best wishes for success in their new business venture.
Noteworthy aspects of this loan:
Prime Paradise Valley Location: The property’s Arizona location is prime.
Immaculate Property: The recently remodeled rental home aligns with market demands.
Business Funding: The funds support a strategic business endeavor.
Efficient Broker Team: Kudos to the broker team at Innovative Capital for their exceptional efforts.
This loan transaction showcases the potential of leveraging assets for entrepreneurial ventures.