LendSpark finances $16.2M construction loan for a single-family residential project

Traditional Financing Wasn’t An Option

Traditional financing wasn’t an option for them. Secondly, private party sellers are always more difficult to get funding for.

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LendSpark recently financed a transaction for Petroleum Transportation, a company facing challenges in obtaining traditional financing and securing funding for private party sellers. Leveraging the expertise of our executive team, we conducted a comprehensive evaluation of the company's business model and growth potential. Through this process, we crafted a loan structure that allowed for optimal growth and market potential.

Our efforts resulted in funding for a truck and trailer for Petroleum Transportation. Initially, the client sought financing for a truck, but after experiencing the exceptional service and support provided by LendSpark, they returned to finance a trailer as well. We are proud to have been able to help this client overcome their financing challenges and support their business's continued growth and success.