Group (TMG), a leading national lending source of car wash finance arranged construction
financing in the amount of $2.8MM on a new location along with loans for the
refinance of three existing locations with a combined amount of $6.9MM.
The borrower continues to rely on TMG to present competitive
and executable loan terms through their Utah expansion. The borrower’s needs include construction
loans, construction to permanent loans, and refinance facilities to accommodate
changing market conditions. TMG has
found excellent lending partners that have worked through a complex lending
structure to achieve the borrower’s financing goals.
Property: Tunnel Car
Loan Amount: Combined
Interest Rate: 4.25%
Term: 10 Years
Amortization: 25 Years