Irvine, CA, November 08, 2011 --(PR.com
)-- Spectrum Commercial Lending, a leader in small business financing helped their clients obtain financing for both a business acquisition as well as the purchase of the 2,700 SF commercial building associated with the business. The borrowers who already owned four coin operated laundry mats came to Spectrum seeking financing for their fifth location. They had the opportunity to purchase an attractive existing business and building from a seller who was looking to divest some holdings as part of a retirement plan. Spectrum was able to structure financing for the borrowers so that they were able to obtain maximum leverage for both purchases. They received 85% loan to value financing on the business purchase and 90% loan to value financing for the building purchase.
Spectrum Commercial Lending is located at 2070 Business Center Dr., #285 Irvine, CA 92612. For more information on Spectrum Commercial Lending please contact Michael Muetzel at (714) 841-5255 x54 or email at firstname.lastname@example.org.