Information
- Title: $600,000 - Commercial Term Loan
- Author: Fernanda Blevins
- Date: 2019-10-14
- URL: https://icapital-options/news/600-000-commercial-term-loan
Description:
The Client was seeking term debt secured by their owner-occupied industrial facility, owned free and clear, in order to facilitate the growth and expansion of their business. The business had not yet turned profitable, so they needed a lender that would fund them the money based on projections. We were able to secure financing with our private investors at a reasonable rate to get the Client the working capital needed in order to continue growing their business.