We are excited to share the details of Green Sage Capital’s recent closing!
Closing Snapshot: $4,000,000 Refinance of 36 Acre Agriculture & Livestock Farm in Ellsworth, Iowa.
- $4,000,000 Loan Amount via Farmer Mac
- 25 Years
- 700+ FICO
- Full Recourse
- 36% Loan To Value
- 7.99% Interest (5 Year Treasury + spread)
- 5, 4, 3, 2, 1 Prepayment Penalty
The borrower was able to refinance his first mortgage along with some high interest rate debt in order to lower his net effective interest rate. Cashflow attained from the refinance will be used to purchase additional equipment, feed and livestock which will bring more cashflow to the bottom line.
Call Us: We’re here! So give us a call if you have a similar scenario that you’d like to run by us. We’d love the opportunity to structure the right financing for you and your business.
Get To Know Us: We’d love for you to get to know us better. Head over and meet our Executive Team here.
