November 11, 2011 Worth Avenue Capital, LLC of Guilford, Connecticut recently completed a $1,000,000 bank work out for a construction company in Connecticut. The company maintains this $1,000,000 line of credit with a commercial bank in Connecticut. Due to the lingering distressed economy and the tighter credit standards...
October 18, 2011 Worth Avenue Capital, LLC of Guilford, Connecticut recently closed a $100,000 line of credit for a retail distributor of lawn and patio furniture in Orange, Connecticut. The loan proceeds will be used for working capital purposes by the business. Despite the fact that this...
October 16, 2011 Worth Avenue Capital, LLC of Guilford, Connecticut recently closed a $55,000 commercial loan to a single member LLC in West Haven, Connecticut. The borrower is a new entity that will be investing in undervalued real estate. The loan proceeds are secured by real...
September 18, 2011 As evidenced by the continued credit crunch in the U.S., the first and second articles referenced below clearly illustrate the difficulties that small businesses are experiencing in obtaining conventional bank loans. As a result of this phenomenon, the third article referenced below is...
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