Address: Palmetto, FL 34221
ARV: $200,000 (As-is)
Loan Amount: $70,000.00
Loan Structure: 12 Months Interest Only
Interest Rate: 13%
LTV 35%
Loan Purpose: Cash-out Refi
Funded October 22, 2025
HML Solutions recently funded a strategic $70,000 bridge loan secured by a vacant commercial parcel located along US 19, providing the borrower with fast access to capital while preserving ownership of a high visibility income producing asset. Structured at approximately 35% loan to value, the financing allowed the borrower to unlock equity quickly and efficiently during a time sensitive personal and business transition.
The collateral consisted of a 1.1983 acre vacant parcel totaling approximately 52,198 square feet positioned within a heavily trafficked commercial corridor. The property also included an existing billboard generating approximately $5,000 annually in passive income, creating additional holding value while the asset remains marketed for future sale or redevelopment. Originally acquired in February 2022 for approximately $200,000, the property is currently listed at $399,000, reflecting substantial appreciation and long term upside potential.
The borrower required immediate liquidity to support ongoing business operations while navigating a personal transition. With significant equity established in the property and timing playing a critical role, traditional financing sources were unable to provide the speed and flexibility necessary to meet the borrower’s needs.
Through HML Solutions’ asset based lending approach, our team immediately initiated title work and expedited underwriting and closing preparation upon receipt of the retainer. The borrower was positioned to access capital within days while maintaining ownership of a strategically located commercial asset with both income generation and future redevelopment potential.
