Birmingham MI (PRWEB) January 7, 2008 | Industrial Finance Advisors of Birmingham Michigan, closes 3 separate loans for 1 borrower totaling $ 1,700,000 in industrial mortgage credit card debt. The 3 loans are secured by prolonged phrase triple internet leased, fast meals
restaurant tenants Kentucky Fried Chicken occupies the Alabama place, and Captain D’s occupies equally the South Carolina and Texas services that have been refinanced. The refinance resulted in a significant money flow price savings of more than 20% for the owner and extended the fixed period of time to ten years (amortized over 25 a long time).
The loan to appeal was 60% on all three spots with a blended financial debt protection ratio of 1.38. The interest charge is seven.4% Business Finance Advisors provides special industrial house loan plans, this sort of as business thirty year fixed, 90% non sba financing, second lien placement industrial mortgages, industrial equity lines of credit, amid other innovative plans.
Loans quantity assortment from $ a hundred,000 – $ 5,000,000. 248 885-8797 http://www.cfa-industrial.com or http://www.industrial-2nd-mortgage.com