Location: Roswell, GA
Loan Amount: $15.6M
Loan Type: Acquisition
Property Type: Retail
Challenge iBorrow Solved:
The borrower was under contract to purchase the Property and needed a quick close. The borrower’s lender withdrew from the transaction shortly before the scheduled date, and iBorrow was able step in and provide quick financing solutions. The loan was also structured with flexible prepayment terms which allows the borrower to secure permanent debt once the acquisition was complete.