Private Funding Corp

		Recent Funded Deals
			€14,000,000 - Truck Stop/Gas Station/Grocery Chain This deal took place in the Midwest (USA) encompassing 18 gas station/stores located in 3 states. This commercial loan was structured at a 75% Loan to Value (LTV) ratio and had partial releases given for each property owned. This Borrower received approximately € 3,906,250 cash out to be used for improvements and the acquisition of two other properties included in this deal.
			€ 3,100,000 - Residential Property Acquisition This West Coast (USA) deal reflected a private money takeout involving an individual who did not presently own the property in question. His ex-wife had lost the property to foreclosure. Fortunately, we were able to stop the sale from being completed and structured a deal which enabled the ex-husband to purchase the existing note by using the equity value in the property. This deal was fulfilled at a 55% LTV and without requiring any money down.
			€ 1,050,000 - Residential Construction Completion This deal occurred in the Pacific Northwest (USA) and was a Stated Income “Verified Asset Construction Completion Loan”. We were able to pay off the existing Construction Note and provide the client with € 273,400 Cash Out to pay off debt owed to a private party. The LTV was 65% which included the cash out and covered all closing costs.
			€ 7,800,000 - Residential Sale Option This West Coast (USA) deal was valued at € 15,625,000. The builder was a high end developer who had a local celebrity client who wanted to purchase the property (with an option). The client needed a bridge loan to satisfy the note with his existing lender. We were able to finance that note with a carried contract at a 50% LTV.
			€ 2,500,000 - Apartment Complex Construction Financing This deal took place in the Pacific Northwest (USA) with the client’s requirement of €2,500,000.00 to finance the construction of a 120 Unit Apartment Complex. We provided the financing with a 65% LTV which will enable the client to complete construction in late 2010.

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†† All of the above listed deals were closed by Private Funding Corp's funding partners. Although all of the descriptions listed are of real deals, the photos shown are not of the actual properties in order to respect the privacy of our clients. Private Funding Corp (PFC) connects borrowers to private lenders, PFC is not a direct lender and does not provide loans. Upfront fees are never charged on any transaction.