I am pleased to announce that BLC has recently funded a $16,200,000 Bridge loan for the purchase of a Hilton-branded hotel in Texas. The borrower was up against a hard deadline to complete the acquisition or risk losing the opportunity. BLC was able to step in and fund the loan on a short timeline. The Bridge loan allows the borrower the time to secure construction financing and complete a franchise conversion. This is another example of The BLC Companies knowledge and experience providing a timely, workable, and beneficial financing solution for the borrower.
Bridge loan for the purchase of Travel Center in Wyoming
I am pleased to announce that BLC has recently funded a $11,500,000 Bridge loan for
