Mill City Ventures III provided a $2.5 million bridge loan for a multi-family unit real-estate venture. The financing is expected to mature in 6 months and generate an 18% current return. The short-term loan is secured by personal guarantees from the borrower’s principal owners.
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Read More on MCVT:
- Mill City enters $5M short-term loan with Mustang Litigation Funding
- Mill City Ventures III enters LOI to acquire Mustang Funding
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