25 Mar Private Capital Obtained for Connecticut Entrepreneur
WORTH AVENUE CAPITAL LLC CONTINUES ITS TORRID PACE IN COMMERCIAL LENDING IN CONNECTICUT
Guilford, CT. With its second commercial loan closing in just one week, the Guilford based financial boutique has finalized yet another loan transaction, this time for $140,000.
Michael M. Ciaburri, Principal Owner and Managing Partner of Worth Avenue Capital, arranged the financing for a Connecticut entrepreneur, and the loan closed in less than a week on real estate listed below market value in a distressed sale.
“It was an excellent investment for our client,” Ciaburri said, “and we were able to achieve the financing and close the loan quickly.”
Worth Avenue Capital has access to a network of private and commercial lenders, and utilized private capital for this specific loan. “That’s the advantage of a financial boutique like ours,” Ciaburri continued. “We can quickly tailor the need to the best possible lending source. And we can accomplish it faster due to our extensive financial contacts and our ability to cut complicated red tape and eliminate lengthy `loan holding’ patterns and bureaucracy.
Michal M. Ciaburri is a former president and CEO of a Connecticut based community bank. Worth Avenue Capital specializes in debt financing for small, closely held companies and also services bank workouts for small businesses. Ciaburri can be reached at 203-605-4082 or worthavenuecapital@gmail.com