Commercial Loan Closed for CT Retail Business

Commercial Loan Closed for CT Retail Business

October 8, 2013

Worth Avenue Capital Successfully Closes $450,000 Commercial Loan for CT Retail Business

Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $450,000 commercial loan for a retail business in Connecticut that used the loan proceeds to restructure their debt. The loan is secured by a first mortgage on a large piece of commercial real estate that the principals of the business own in Connecticut and the loan was funded by one of WAC’s private lenders.

As evidenced by this transaction, WAC continues to provide alternative lending solutions for those small businesses who are having difficulty obtaining conventional financing from banks.

This News was also published in The Commercial Record. Please see link to the article below: