Rewrite of an existing business purpose loan

Marquee Funding Group is pleased to announce the funding of a $3,000,000 private money loan in Rancho Palos Verdes, California. This transaction illustrates Marquee’s expertise in structuring large-scale business purpose loans that provide borrowers with flexibility and speed, while maintaining conservative underwriting standards to protect investors.

The loan was designed as a rewrite of an existing business purpose loan, giving the borrower a refreshed structure and improved terms to align with their current financial needs. Secured as a 1st trust deed at a 60% loan-to-value (LTV) ratio, the deal was underwritten conservatively, offering investors strong collateral protection. With an interest rate of 10.875%, the structure provides competitive returns while ensuring affordability for the borrower.

Business purpose refinances like this one highlight the essential role private lending plays for real estate owners and entrepreneurs. Unlike traditional banks, which often impose rigid underwriting guidelines and time-consuming approval processes, private capital allows borrowers to restructure debt quickly and efficiently. By providing streamlined execution and tailored solutions, Marquee helps clients better position themselves for future growth and opportunities.

The loan was originated by RJ Solovy, who guided the borrower through the refinancing process and ensured the deal was structured to meet their specific objectives. His expertise in designing complex financing strategies reflects Marquee’s continued reputation for excellence in private money lending.

This Rancho Palos Verdes refinance demonstrates how Marquee Funding Group continues to bridge the gap between conventional lending limitations and real-world borrower needs. By combining borrower-focused service with conservative underwriting, Marquee delivers meaningful outcomes for both investors and borrowers.