A Golden Corral location in Southern Illinois was being sold as a package deal, including both the real estate and business. We successfully secured a $3 million USDA loan to finance the real estate portion of the transaction.

Since the business primarily consisted of goodwill and FFE (Furniture, Fixtures, and Equipment)—which USDA loans don’t cover unless there is at least a 1:1 collateral ratio—the seller and buyer structured a seller note to finance that portion. This approach worked well for both parties, ensuring a smooth transaction while leveraging the benefits of USDA financing.

If you’re looking for creative financing solutions, let’s discuss how we can help.