Closed: $8.3MM SBA504 Loan
Liberty SBF has closed an SBA 504 loan totaling $8.3 MM for the refinancing of a Lincoln and Volvo dealership in the Albuquerque, NM market area. The business has operated on the site since its 2009.
The auto dealership occupies 100 percent of the two-story, 38,912 SF property on 3.93 acres. In addition to new Lincoln and Volvo models, the dealership sells pre-owned vehicles, provides repair and maintenance services, offers associated financing and insurance, and operates a small carwash for customers.