$150K Private Mortgage on Vacant Lot Fuels Business Expansion in BC

Client: Animation Studio Founder, Vancouver

Collateral Value: $300,000 CAD (Vacant Lot in Penticton)

Loan Amount: $150,000 CAD via Private First Mortgage

A Vancouver-based animation studio sought immediate growth capital to expand its team and invest in new production equipment. Despite a strong creative vision and promising contracts ahead, the studio’s limited operating history and balance sheet led traditional residential mortgage and commercial lenders to decline financing.

SLC structured a fast, flexible private mortgage secured against the owner’s unencumbered vacant lot in Penticton. We arranged a $150,000 first-charge private loan—50% loan-to-value—at a fixed rate of 12% with a 1.5% lender fee. The solution involved expedited valuation and clear title review, with funding delivered in under two weeks.

The capital injection enabled the studio to scale quickly, hire new animators, and secure larger contracts. As cash flow stabilized, the client refinanced the loan into a conventional facility, fully retiring the private mortgage while retaining long-term ownership of the lot.

This transaction illustrates how alternative mortgage solutions—such as private mortgage lending—can unlock the value of underutilized real estate assets to support business growth when traditional options fall short.