Closing $4,000,000 Bridge Loan in Sandy, UT

10 Aug Closing $4,000,000 Bridge Loan in Sandy, UT

Nelson Funding is pleased to announce the closing of a $4,000,000 cash out refinance in Sandy, UT. Nelson Funding was approached by another broker who had a client needing to close immediately on a cash out refinance. The proceeds were being used to acquire another business the borrower had expertise in. With timing being critical, Nelson Funding quickly identified a capital partner to close on a $4,000,000 bridge loan giving the borrower enough proceeds to move forward with his business acquisition.

Nelson Funding is a nationwide commercial loan broker and correspondent lender helping borrowers get the best financing for their respective projects. Nelson Funding has provided financing for over 75 projects and placed more than $500mm of capital. Nelson Funding has the experience to get almost any project funded: from new construction to cash-out refinances, land development, and more. If you have a scenario you would like us to review, send us an email at loans@nelsonfunding.com or visit our webpage at nelsonfunding.com/apply-now.