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12-31-2020, 10:40 AM #1
- Join Date
- Dec 2014
- Location
- Quogue, NY
- Posts
- 1,108
4th Quarter Closings for Brokers 'dead' files
Happy New Year to everyone..Crazy Year to say the least.
Here are some of the Business Capital Consultants 4th Quarter Closings-brought to us by Brokers who previously thought files were 'dead.'
$4.7M Arthritis Management Clinic- (3.7M Loan and 1M revolver) refinancing Senior Debt from Pharmaceutical Company and extending term t 25 years from 5 (Large Footprint Bank). Broker Commission $56,400
$2.1M Logistics Firm Acquisition involving CRE and M&E 25 year AM (Regional Community Bank). Broker Commission $31,500
$1.1M Subordinating Debt loan to Medical practice (600k unsecured) to satisfy $1M tax lien (Mezzanine lender). Commission $29,000
$500k Car Dealership in Southwest with Senior Debt and Floor Plan in Place (Family Office Hedge Fund). Commission $10,000
$1,250,000 Debt restructure inclusive of 400k revolver to firm reduced payments to 2 separate MCA Funders (Regional Community Bank. Commission $30,000
$600k Stated Income Acquisition rental property in Nashville TN (CRE Lender). Commission $9000
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That's over $10M in closed files previously dormant-
Several Others with commitments waiting to close.. Our Value Add to our Partners is our mutual trust/relationships with BDO's and preparing clients for the arduous UW process.
Feel Free to touch base with Casey Friedricks, our ISO/Partnership Relationship Director @ 914-500-9036 and/or email casey@businesscapitalconsultants.com
Richard Gusmano
www.beforeyouborrow.com
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