May 1, 2015
WAC Expands Outside of New England, Successfully Closes $450,000 Loan for NY Hair Salon
Worth Avenue Capital, LLC is pleased to announce that it successfully arranged financing for a hair salon that is based in New York State for $450,000. The loan proceeds were used for debt consolidation purposes and the loan was funded by a commercial bank who specializes in providing financing for small businesses throughout the U.S.
This transaction marks WAC’s expansion outside of New England as it seeks to expand its franchise into other parts of the Northeast.
Recent Posts
Private Lending for Business Owners: Unlocking Liquidity Without Sacrificing Equity
Achieving business growth often requires more than strategy and determination. It requires access to capital. But with tightened credit markets making traditional bank...
Contractors and Private Capital: Financing Growth in Today’s Construction Economy
The construction industry is booming. Demand for new builds, renovations, and infrastructure projects remains high, but the cost of doing business has never...
Using Second Mortgages as Additional Collateral for Construction Loans
Over the past several months, WAC has provided financing for multiple construction projects where second mortgages were a critical part of the overall...