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Explore our articles, case studies, and news releases to gain a deeper understanding of the ever-evolving financial landscape. At PIC Group, we are committed to sharing valuable content that can help you navigate your financial journey with confidence.

$1,300,000 - Business Acquisition

Alexander Hoffman / 2021-09-13

The Client was seeking to acquire an existing flooring business. We were able to secure 90% financing through an SBA 7A loan to acquire the business.

$3,200,000 - Purchase Investment Property

Gabriella Hunt / 2021-07-30

The Client was seeking to acquire a leased daycare property to own as an investment property. The Borrowers live out of state, but we were able to secure funding with our private investors with a ten-year very attractive fixed rate from a local community bank to where the property is at.

$2,996,000 - Commercial Construction Loan

Courtney Wang / 2021-07-30

The Client was seeking to construct a new sports facility to operate a travel sports club and lease the remaining space. We were able to secure an SBA 7A loan to fund construction, despite the fact historical cash flow was a bit tight on the new facility and the facility was getting constructed coming out of Covid.

$1,145,000 - Refinance Industrial Building

Junior Mccoy / 2021-07-19

The Client was seeking to refinance their owner-occupied multi-tenant industrial building. Despite two years of losses including a loss in 2020, we were able to secure funding with our private investors at an attractive fixed rate to refinance the debt.

$3,500,000 - Business Acquisition Loan

Alexander Hoffman / 2021-06-25

The Client was seeking to acquire a construction services business via a stock purchase. We were able to secure an SBA 7A loan to fund a majority of the purchase of the business.

$1,000,000 - Commercial Line of Credit

Courtney Wang / 2021-06-14

The Client was seeking a commercial line of credit to meet the working capital needs of a new business they had acquired. We were able to secure an SBA Express Line of Credit to meet the working capital needs of the business, without the Borrower having to put any additional capital into the business acquisition to secure the line.

$725,000 Purchase Apartment Building

Gabriella Hunt / 2021-05-17

The Client was seeking to purchase a 5-unit apartment building with funds from a 1031 exchange from the sale of another investment property they owned. Despite some past credit issues, we were able to secure funding from our private investors at an attractive fixed interest rate to facilitate this acquisition.

$900,000 - Commercial Bridge Loan

Junior Mccoy / 2021-04-30

The Client was seeking to refinance the commercial property they owner-occupied with their fitness business. We were able to secure hard money financing with our private investors within 48 hours to meet the Client’s needs and facilitate the refinance, despite the business having shown a large loss in 2020.

$2,157,000 - Purchase Commercial Building

Courtney Wang / 2021-04-30

The Client was seeking to acquire a commercial building, along with fund improvements and working capital to open a new location for their retail business. We were able to secure SBA 7A financing to facilitate the acquisition and fund 100% of the purchase price and cost to rehab the building.

$1,235,000 - Purchase Commercial Property

Nora Schaefer / 2021-04-09

The Client was seeking to purchase the leased commercial property they operated one of their business locations, along with refinance the associated leasehold improvement debt. We were able to secure an SBA 7A commercial loan to facilitate both the acquisition and the refinance of the leasehold improvement debt and get 100% financing done on the purchase.