Lone Oak celebrates tenth anniversary; Has funded over $1.5 billion

Lone Oak Fund is celebrating its ten-year anniversary. The journey began in 2003 with a $410,000 apartment loan. Since then Lone Oak has funded over $1.5 billion. It is projected that loan closings will exceed $5 billion over the next 10 years. Steady and solid growth in northern California has resulted in this year's opening of a second office in San Francisco. Lone Oak has established the bridge loan as a standard tool in expediting the financing of commercial and residential real estate transactions. As always, Lone Oak will continue to make loans on apartments, industrial buildings, office buildings, special purpose properties, retail, and non-owner occupied residential. The popular Line of Credit for investors of single family homes will also continue. The foundation of Lone Oak Fund's growth is service. Loan processing and appraisals are completed by in-house staff. The typical loan closes within a few days of receiving a complete package. It has always been Lone Oak's goal to provide borrowers with an alternative to over-regulated bank financing that is laced with delays, excessive paper work and an uncertain result. The loyalty we have experienced is the result of Lone Oak's flexibility, speed, personalized service and a minimum of paper work.