• The loan funds will be used as capital to buy more inventory for the borrower’s import business.
• The loan will be guaranteed by 2 pieces of the collateral property.
• The collateral properties are located in the Greater Metropolitan Area of San José and Alajuela.
• The properties have a combined value of close to $1,000,000 USD.
• The properties generate $62,000 USD in combined net profit (in a normalized market, $125,000 USD combined).
• The borrower is a “Triple-A” Client that owns multiple commercial properties.

PROVINCE OF ALAJUELA

This property is one of multiple gas stations owned by the borrower.  The gas station is generating approximately $50,000 in net profit post the start of the COVID-19 pandemic. The gas station recently had a complete renovation to facilitate the business’s longer operational life. In the event of default, there will be a swift execution of ownership because of the commercial nature of the property.

Note: Buyers are on standby to purchase the gas station for $400,000 USD.

ROHRMOSER, SAN JOSÉ

This collateral property is about a 500 m2 bodega located in a Rohrmoser, San José, close to the United States Embassy.

Photo: Available space (view of Mezzanine)

The Bodega Tenant

(BODEGA RENTED GALLERY)

If you are interested in this Multi-Collateral Equity Loan, CLICK HERE

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Money lending is a fast-moving business, and we need lenders to understand that and make quick decisions. Keep in mind that borrowers may have already applied to other lending companies. Because of that, we try to close loans within a few days. (If we don’t, the competition will!)

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