BLC has recently funded a $8,096,000 bridge loan for the refinance of a retail strip center in Washington. The borrower needed to refinance existing debt that was maturing, but did not want to commit to a long-term loan in the current high-rate environment. This is another example of The BLC Companies knowledge and experience providing a timely, workable, and beneficial financing solution for the borrower.
SBA 504 Interim Financing: What Happens Between First Mortgage Closing and Debenture Funding
Most explanations of the SBA 504 program stop at the capital stack. A conventional first
