BLC has just funded a $3,245,000 bridge loan for the refinance of a mixed-use property in New York. The borrower was seeking short-term financing in order to pay off maturing debt, as well as to provide funds for the buy-out of a minority partner. The partner buy-out had some time sensitive hurdles, which created the need for bridge financing. This is another example of The BLC Companies knowledge and experience working together with the borrower to provide a smooth, efficient, and beneficial financing package.