South End Capital Closes a $460,000, 90% LTV Liquor Store Purchase Loan in Detroit, Michigan
April 4, 2017
Most regional and national lenders are still unwilling to lend in Detroit, Michigan–but not SECC! Not only did we provide this borrower a loan to buy this liquor store, but we gave him 90% LTV financing and $28,000 of unrestricted working capital.