Mortgage lead for Commercial loan in Los Angeles, CA, 90023

Loan Request for Commercial loan in Los Angeles, CA, 90023

Request #3736643 by Lender

Date Posted

5/28/2025 12:11:18 PM

Property at

Los Angeles, CA, 90023, USA Show Map

Borrower at

Property Type

Commercial

Property Value

$6,500,000

Amount of Existing Loans

$1,500,000

Loan Request

$2,200,000

LTV

33.85 %

Credit Rating

720-739

Net Worth

$4,000,000 - $10,000,000

Loan Purpose

Refinance all

Purpose

The property is a successful jeans manufacturing facility with a 25-year history. The primary goal is to refinance an existing SBA loan that has come due. The current bank declined to provide a renewal due to recent changes in the guarantor’s personal vesting structure.

The company maintains strong financials; however, for now, we are seeking a loan that does not require submission of tax returns. The preferred financing options are hard money lenders with interest rates in the range of 10-12% and origination points of 2-3%.

The full package, including a Phase 1 Environmental Report, is available. The property comprises 10 adjacent parcels located on Union Pacific Avenue in Los Angeles. The loan will be a low LTV, backed by a financially solid owner.

This transaction is arranged through a broker; therefore, we are exclusively seeking direct private lenders or banks—no broker chains, please.

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Loan Request for Commercial loan in Los Angeles, CA, 90023