(2) Making loans, grants or allocating funds, purchasing any mortgage, note, or other security, or purchasing, leasing, or selling of any property for the purpose of financing, refinancing, or reimbursing the costs of an eligible project; (3) Entering into any agreement concerning the acquisition, use, or disposition of
commercial property finance Are you paying cash for your investment property? If not a mortgage will have to be paid. Have your REALTOR determine if rent and applicable fees will cover the mortgage, property management and maintenance. Consider property management if you do invest in property.
" Contractual Obligations " means as to any Person, any provision of any security issued by such Person or of any agreement, undertaking, contract, indenture, mortgage, deed of trust or other instrument or arrangement (whether in writing or otherwise) to which such Person is a party or by which it or any of such Person’s property is bound.
Litchfield, CT worth avenue capital, LLC (WAC) closed a $70,000 commercial loan to a small business in Litchfield County. The loan proceeds will be used by the borrower for working capital purposes.
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