- $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.