Jan 3: WAC is mentioned by Commercial Record for providing a $140K loan. Worth Avenue Capital LLC on Dec. 30 closed a $140,000 commercial loan for Do Valle LLC, a wine and spirits distributor in Branford. The loan proceeds were used to restructure the company's debt and obtain additional...
Every week, I meet with several small businesses and real estate developers/investors who are seeking financing for either their business or a real estate venture. One of the common themes of these meetings is the client's frustration with either their existing or former bank with...
December 26, 2013: Last month, Worth Avenue Capital, LLC closed a $1,250,000 SBA loan for Onofrio Foods in New Haven, Connecticut that was funded by one of WAC's non-bank lenders. The loan proceeds were used by the borrower to purchase a building in New Haven...
"In the December 20, 2013 issue of The Wall Street Journal under The Opinion section, a discussion was published that focused on the loan demand or lack thereof of the business community. Various "experts" wrote in to the WSJ stating that the major reason that...
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