Tag: <span>#convenience</span>

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SO WHAT HAVE YOU DONE LATELY?

  This was a refi of 2 existing gas stations with convenience stores in the Phoenix metro market.   Underwritten as a portfolio loan, but structured as 2 separate loans.   The loan was conventional and refinanced 2 SBA 7(a) loans. The refinancing released about $2.3mm of SBA capacity to be re-used for additional acquisitions....