Archive
Commercial Loan Closed for CT Retail Business
Worth Avenue Capital
October 8, 2013
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:
Share
Recent Posts
Year-End Investment Planning: Using an SDIRA to Invest in Private Loans
As the year comes to a close, investors tend to review the same things: portfolio performance, asset allocation, income goals, and stock market...
Worth Avenue Capital’s Michael Ciaburri Receives 2026 Global Recognition Award for Leadership
October 27, 2026: Worth Avenue Capital, LLC is pleased to announce that our founder and principal, Michael M. Ciaburri, has been named a...
What Do You Need to Qualify for a Private Loan?
One of the most common questions I hear from first-time borrowers is, “What do I need to qualify for a private loan?” Although...