Success Story
New clients referred to Fidelis from an existing broker relationship requested financing to purchase an existing restaurant investment property in San Diego. The borrowers will be relocating from their existing location to the subject property. They needed a quick close.
Fidelis provided a $809,250 1st Trust Deed loan for the purchase of the commercial investment property. The borrowers will fund their own tenant improvements, increasing it’s value to $1,280,000 or a loan-to-value of 63%.
Exit Strategy
The borrowers plan to refinance with an SBA lender within 12 months.
Value Added
Fidelis streamlined the loan process, enabling the borrowers to secure the property quickly and add value. This transaction highlights Fidelis’ commitment to supporting experienced business operators with tailored and efficient financing solutions.
Another transaction where Fidelis Private Fund is helping our clients achieve their financial goals.