Borrower was invested as a limited partner in a strong performing solar farm. The institutional general partner in the syndication offered to sell its position if borrower could close before quarter end.

Southeast Bridge Capital provided first mortgage financing in one week, underwriting both the real estate value and the value of the borrower’s forward sale of energy credits. Ability to move quickly produced significant value for borrower.

The cash flow from the sale of energy credits provides for aggressive amortization of lender’s position. The loan allows borrower enough time to shop for advantageous permanent financing.