At Cetan Funds we were able to offer this investor the experience and flexibility he needed to get the funding to finish the build-out and line-up an SBA 504 loan for his long-term financing solution. With our background in commercial real estate and commercial lending, including economic development and SBA lending, we have already begun collaborating with a Certified Development Company to work on SBA approval as fast as possible. Once SBA financing is secured and our interim loan is repaid, this investor will have the stable long-term financing he needs for this incredible property and business venture.
$1,785,000 at 11.0% interest only on the outstanding balance for 36 months
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