Success Story
Fidelis Private Fund provided a $300,000 cash-out refinance loan secured by a free and clear commercial gas station, at a conservative 17% LTV ratio, located along a key transportation corridor in California’s Central Valley. The borrower, an experienced business owner with multiple real estate and fuel station holdings, sought to unlock equity from an existing asset in order to pursue new investment opportunities.
The loan request was referred by a long-standing broker relationship, reinforcing the trust and collaboration between Fidelis and its network of professional partners.
Exit Strategy
The borrower plans to pay off the loan through business-generated cash flow or a future refinance, supported by the ongoing operations of the subject property.
Value Added
Fidelis Private Fund stepped in to provide fast and flexible funding secured by a well-located gas station and convenience store. The property had been owned free and clear for decades and was conservatively underwritten based on market value, resulting in a low leverage position. The transaction highlights Fidelis’ ability to look beyond surface credit metrics and structure loans based on borrower strength, equity position, and overall deal viability.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.