South End Capital Closes a $264,000 Assisted Living Business and Multiple Property Purchase Loan
March 19, 2018
The borrower was only required to put down 10% on the purchase of this assisted living business and its 3 locations in NC. We also provided $30,250 of working capital at closing to assist with the ownership transition. The final rate was 7.25% and was amortized over 25 years.