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…
Continue reading $2,595,000 – No-Collateral SBA Loan – Tech Company
Kissimmee, FL This business owner originally purchased a business and its building with private/owner financing. After paying off and selling the business, he wanted to obtain a permanent loan to pay off the rest of the building. The building was pretty strong – a retail property with a single tenant, great location on a major…
Continue reading $945,000 – CRE Refi – Retail
Merritt Island, FL Part of this pharmacy’s success was its prime location on the corner of a busy commerce location. When the building’s owner wanted to sell, the established pharmacy had to make a decision – purchase the location that their customers had been going to for 8 years, or risk putting their business in…
Continue reading $543,750 – CRE Purchase
Phoenix, AZ & Salt Lake City, UT This client was looking to purchase a competitor’s 30-year old, privately-owned home hospice care and staffing company AND its commercial real estate in 2 different states (from its original founder/owner). However, the business he wanted to acquire was losing money in EBITDA for the 3rd year in a…
Continue reading $1,620,000 – Business and CRE Purchase
Brandon, FL This 20-year practicing dentist thought that he finally found his dream office! The bank was all too happy to bury him in a 5-year senior mortgage, with a 5% per year prepayment penalty – and they promised to fund the necessary renovations to convert the office from a chiropractic office to a dental…
Continue reading $1,846,000 – Conventional Refi – Dental Office
Memphis, TN This bridge loan on the purchase of an apartment complex did not have the necessary occupancy to get a normal loan, and the client needed to close quickly. The time it took from when the client signed our term sheet to the closing was only a whopping 18 days! NOT business days, actual calendar…
Continue reading $1,950,000 – Bridge Loan – Apartment Complex
Germantown, TN This was a purchase of an apartment complex with an occupancy lower than 85% – and thus could not qualify for conventional financing. However, we were able to get the deal done with a bridge loan source that closes quickly. Once this proven operator restores the building to full occupancy, it will be easy…
Continue reading $2,000,000 – Bridge Loan – Multifamily Acquisition
Athens, TX This was a purchase of two separate car washes in two different locations. We were able to combine the acquisition of both locations under one bridge loan/mortgage and put them in a great program that gave them competitive rates and terms! Looking to purchase a special-use property? Give us a call today at…
Continue reading $480,000 – Bridge Loan – Purchase of 2 Car Washes
New Orleans, LA This client needed capital to restock on inventory and they needed capital for marketing. Due to their cash flow history and strong credit, we were able to get them the money they needed – and FAST! Call us today at 888-959-1648 if your business is in need of additional capital to grow!
Bradenton, FL This was a simple purchase of an industrial condo in Florida from one family member to another. We found the right program to help the clients purchase the property quickly & have a smooth closing. If you’re looking to purchase a property, give us a call at 888-959-1648!