RECENTLY FUNDED DEALS

$330,000 Loan to Retail Business - Jersey City, NJ

Funded the acquisition of building for business owner seeking to relocate.  Secured by first position lien on real estate appraised for $650,000. 

$900,000 Working Capital Loan - Chester County, PA

Bluestone funded an ongoing pipeline of jobs for a commercial real estate developer, enabling borrower to avoid delays in construction.  Secured by first position lien on real estate appraised in excess of $2,000,000.

$2,000,000 Bridge Loan - Philadelphia, PA

Loan proceeds allowed a commercial roofing company to successfully market a property in high-development area of Philadelphia.  Secured by first position lien on real estate appraised for $5,000,000.

$2,300,000 Loan to Rehab Facility - Port St. Lucie, FL

Loan was used to consolidate high interest debt and provide working capital, allowing the borrower to reduce interest expense and consolidate into one payment. Secured by first position lien on real estate and UCC-1 on business assets with a combined value in excess of $8,000,000.

$950,000 Loan to Car Dealership - Egg Harbor Twp, NJ

Loan proceeds used to pay off maturing debt held by borrower.  Secured by first position lien on real estate appraised for $1,500,000.

$200,000 Purchase Financing to General Contractor - Little Ferry, NJ

Loan was used to purchase a mixed-use property out of which borrower will operate.  Secured by first position lien on real estate appraised for $320,000.

$200,000 Loan to Investor - Philadelphia, PA

Working capital provided to seasoned real estate investor.  Secured by first position lien on real estate appraised for $1,000,000.

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