Headquartered in Florida
Our client, a VOIP network owner-operator, is way ahead of the game with more than 4 U.S. Business Patents on their technology. This VOIP company raised $3 million in private equity to turn their network into cloud-based system – reducing overall business cost. At this point, they wanted to refinance because they had to pay a whopping 12.5% to private equity. They have no real estate, several employees but not many… which makes this a “risky” loan on first glance. We call this an AIRBALL – if business stopped tomorrow, what does lender have left? Tech? But how would they use it?! We were able to do it only with an SBA 7a, only today/these times, only here at ComCapFL -No down payment, just a straight business loan despite no collateral.
Complicated deal? Let’s put our heads together and strategize for your commercial property’s future. Give us a call today at (888) 959-1648 or email us at info@comcapfl.com.