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BOLOUR Funds $6.4 Million Industrial Refinance Loan

Owner-Occupied Industrial, Cash-Out Fullerton, CA

BOLOUR recently funded a $6.4 million loan to refinance a 58,000 square foot owner-occupied industrial building in Fullerton, CA. The borrower required a loan that would quickly provide additional liquidity that could be used for expansion of its operating business. BOLOUR provided an 18-month loan at 73% of the property’s appraised value.