- September 28, 2017
WAC Closes $1.45 Million Loan for CT-Based Real Estate Developer
September 28, 2017, Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a commercial loan package for a Connecticut based real estate developer totaling $1,450,000. The package consists… - September 26, 2017
Private Lending Fills a Void Left in Wave of Northeast Bank Mergers
The number of banks serving borrowers in New York, Massachusetts, Connecticut, Rhode Island, and New Hampshire continues to decline as mergers have come to dominate the strategic thinking of many regional and… - September 19, 2017
WAC Funds Loan for Entrepreneur in Fairfield County Within One Week
September 19, 2017 Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $100,000 commercial loan to a business related LLC that is controlled by an entrepreneur in… - September 8, 2017
CT Construction Company Uses WAC Loan to Purchase ‘Fix & Flip’ in Moodus, CT
September 8, 2017 Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $110,000 commercial loan to a small construction company in Connecticut. The loan proceeds were used… - September 8, 2017
WAC Closes Commercial Loan for ‘Fix & Flip’ in Trumbull CT
September 8, 2017 Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $240,000 commercial loan for a small construction company in Fairfield County, Connecticut. The loan proceeds… - August 31, 2017
WAC Closes CRE Loan on Prime Waterfront Property
August 31, 2017 Worth Avenue Capital, LLC is pleased to announce that it successfully closed a $350,000 “follow on” commercial loan for a restaurateur who owns and operates several restaurants in Southeastern… - August 23, 2017
Home Builder Uses Commercial Loan to Purchase Property in Mystic, CT
August 23, 2017 Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $110,000 commercial loan to a home builder in Southeastern Connecticut. The loan proceeds were used… - August 22, 2017
CT Home Builder Uses WAC Loan to Purchase ‘Fix & Flip’ Property
August 22, 2017 Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $300,000 commercial loan as a “fix and flip” project for an experienced home builder in… - August 21, 2017
WAC Provides Working Capital to Laundromat in Chatham, MA
August 21, 2017 Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $100,000 commercial loan to a laundromat in Chatham, Massachusetts. The loan proceeds will be used… - August 2, 2017
Will Banks Ever be Able to Quickly Fund Small Balance Loans?
While many bank executives are eager to see a loosening of the regulations foisted upon them by Dodd-Frank, those changes alone should not immediately lead to a greater prevalence of small balance…