Commercial Real Estate: $2,500,000
Additional Working Capital: $75,000
Total Value: $2,575,000
NO MONEY DOWN
Full Case Study
Byron J. owns an insurance company. His previous business location had limited space; therefore, he could not hire more agents and extend the lines of insurance his company offered. Byron was able to purchase a commercial building for $2.5M. At the closing, he received an additional $75K in working capital which he needed to help grow his business. He currently leases out 40 percent of his space which more than covers his new mortgage payment.