Bridge Loan, East Moline, Illinois - Convenience Store & Gas Station Acquisition

Client : An experienced operator acquiring a below-market opportunity.

Transaction : The acquisition of a convenience store and gas station in East Moline, Illinois.

Challenge : Most conventional lenders shy away from gas stations.

Opportunity : A below-market convenience store and gas station acquisition, with a value-add plan to expand the hot food offering, broaden the liquor selection, and secure gaming licenses.

Action : Sherpa Capital Group funded a bridge loan for the acquisition, backing an experienced operator on the below-market opportunity.