Cashout for business purposes in West Hollywood

Marquee Funding Group Funds $1,100,000 Loan in West Hollywood

Marquee Funding Group has recently funded a $1,100,000 private money loan in West Hollywood, California, further demonstrating the firm’s ability to provide fast and flexible financing tailored to borrower needs.

This deal was structured as a second trust deed (2nd TD) at an interest rate of 12%, offering strong returns for investors while delivering timely liquidity for the borrower. With a loan-to-value ratio of 64%, the loan maintains a balanced position—providing ample capital to the borrower while securing an appropriate level of protection for the lender.

The loan proceeds were designated as a cash-out for business purposes, giving the borrower access to equity tied up in their property and enabling them to reinvest in ongoing ventures. Private money lending is particularly well-suited for scenarios like this, where borrowers require speed, flexibility, and customized structuring that traditional lenders often cannot provide.

The transaction was originated by RJ Solovy and Steven Simantob, who worked collaboratively to bring the deal to closing. Their combined expertise ensured that the borrower’s needs were met swiftly while creating a well-positioned investment opportunity for Marquee’s network of private investors.

This West Hollywood loan is another example of how Marquee Funding Group continues to bridge the gap between borrowers and capital. By offering tailored solutions for acquisitions, refinances, construction, and business cash-outs, Marquee consistently delivers funding that drives borrower success while maintaining strong investor confidence.

With a proven track record and commitment to reliability, Marquee Funding Group remains a leader in the private money lending space, helping clients achieve their goals with efficiency and expertise.