Dallas/Fort Worth, TX
BOLOUR has provided financing on a portfolio of three owner-occupied restaurant properties in the Dallas/Fort Worth market. The restaurants are well located but a recent decline in store sales prevented the borrower from obtaining conventional financing. BOLOUR provided a 12-month, first trust deed loan at 65% of the property value. This loan gives the sponsor’s business needed working capital while the organization is restructured.
Borrower Cash Out
Challenging Borrower Financials