StackSource recently arranged financing for an owner occupied office property in Portland, OR. The borrowers were seeking to refinance a seller acquisition note that featured a high interest rate and upcoming maturity. The borrowers occupy the property with several businesses including a chiropractic practice, a real estate agency and a coworking shared office business.

StackSource Director Chris Peters was able to arrange an SBA 7a loan from a regional bank lender that provided a 25-year fixed rate at Prime + 1.75% amortized over 25 years.