June 11, 2015:

WAC Closes $120,000 Commercial Loan for Fairfield, CT Business

Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $120,000 commercial loan for a Fairfield County, Connecticut based small business. This small business specializes in sports telemetry systems and the loan proceeds are being used for working capital purposes for this business. The loan is secured by real property and was funded by one of WAC’s private lenders.

A local Fairfield County, Connecticut based community bank referred this loan request to WAC as it did not meet the loan underwriting requirements of a conventional bank loan.

WAC specializes in arranging debt financing for both small businesses and real estate developers/investors and also handles bank workouts for those same clients. You can learn more about WAC by taking a look at their website and Youtube video at worthavenuecapital.com and by contacting WAC’s principal, Michael M. Ciaburri at worthavenuecapital@gmail.com or (203)605-4082. WAC maintains offices in both Guilford and Westport, Connecticut. You can now follow @worthavecapital on Twitter for the latest lending news.