SDC Capital Funds 8% Cash-Out Loan On CA Industrial Property

  • $1,336,500 cash-out refinance at 55% LTV
  • 24 month term
  • 8% interest rate for 1st year, 8.5% rate for 2nd year

SDC Capital funded a cash out loan on a single-tenant industrial building with warehouse and office space in need of updates in Orange County. The borrower, a long-time owner-user of the property, needed funds to improve a showroom space and make other updates. The loan included roughly $400,000 cash out to borrower to complete the work.

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