Category: What’s Closing Now

Ocala, FL About this Deal: $1 Million Loan to Buy the Family Business This client had always planned on owning the family auto parts shop one day. Then, when there was a sudden opportunity to purchase the business, she was in hot water because she hadn’t saved enough money. After all, the business was listed… Continue reading $1,000,000 – SBA Acquisition

A group of business owners created an algorithm in their insurance business that dramatically increased sales while lowering costs. They wanted to take this algorithm and develop it into an app for purchase. Without real estate as collateral, any normal bank wouldn’t approve a loan – SBA or otherwise (this is typically more attractive situation… Continue reading $3,900,000 – SBA 7a Working Capital Loan

This young investor wanted to invest in the family business in an unconventional way. He knew one day, he would be given the keys to the 50-year old, family-run insurance business, currently led by his father. As his first investment in his future, he decided to purchase the 2-unit office condo to lease back to… Continue reading $450,000 – Investor Office Condo Purchase

Fort Lauderdale, FL A wonderful business broker that we work with sent us this loan, which spent NINE MONTHS trying to find a home amongst multiple lenders. An employee was attempting to purchase a successful charter boat business with its own boats, real estate, docks and boat slips in prime Fort Lauderdale. He was flush… Continue reading $9,000,000 – Charter Boat Business and CRE Purchase

Melbourne, FL This business owner ran an adoption agency that helped house families in addition to providing services. For years, she had been putting up her clients in hotel rooms – at a huge annual expense to the business. Luckily, she was able to find a 7-bedroom mixed-use property to alleviate that expense. With tenants… Continue reading $1,227,500 – Family Services CRE Purchase and Refinance

Margate, FL Early in this doctor’s career, he encountered a difficult time in his life that hurt his financial credibility and stability. Not only had he declared bankruptcy, he was also going through a divorce and foreclosure. Years later, when he wanted to purchase commercial real estate for his practice, his only available option was… Continue reading $475,000 – Medical Office CRE Refinance

Montgomery, AL These clients were in need of somewhat quick purchase of a good-looking retail strip mall, but were mainly looking for aggressive rates. We accepted the challenge – and found the right program for them based off their strengths and weaknesses on the deal. In the end, we were able to secure them a… Continue reading $2,475,000 – Acquisition of Retail Strip Mall

Nampa, Idaho Typically, we do not do residential deals unless it is a portfolio or subdivision development consisting of more than five homes in the deal. However, this deal had several homes being developed in a great area! The client had already finished the horizontal infrastructure on the property and just needed additional capital to… Continue reading $2,415,000 – Residential Subdivision Development

Las Vegas, NV This borrower owned a daycare and saw an opportunity to buy another daycare that she knew was being poorly run. Upon expressing interest to purchase the daycare, the seller agreed to give her the business essentially for free, leaving her to purchase the property for just $750,000. Upon examining her file, things… Continue reading $750,000 – Fast Private Money Loan for Acquisition of Daycare