$1,100,000 Dairy Queen Acquisition Loan Closed

$1,100,000 Dairy Queen Acquisition Loan Closed

May 21, 2019
Categories: Uncategorized

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the funding for a 1.1MM purchase of a Dairy Queen in Northern Ohion

The loan was arranged through a national SBA 7a PLP Bank partner. This loan featured a Prime + 1.5% interest rate with a fully amortizing 25 year loan term. The client was an out of state buyer and purchasing his first franchise.

513 Capital specializes in bank, SBA, and private commercial real estate funding.

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