Recently Funded Loans | Worth Avenue Capital

11 Jul CT Small Business Uses WAC Loan for Short-Term Working Capital

Posted at 13:02h in 2022, Recently Funded Loans

July 11, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $75,000 commercial loan to a small business in Bristol, CT. The loan is secured by a first mortgage on real property in Bristol, Connecticut with an underlying LTV...

16 Jun South Florida Real Estate Investor Uses WAC Loan to Invest in a Condo in West Palm Beach

Posted at 09:45h in 2022, Recently Funded Loans

June 15, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $285,000 loan to a real estate investor in South Florida. The loan proceeds were used to purchase a condo on tony S. Flagler Drive in West Palm Beach,...

12 May Repeat Borrower Uses WAC Loan Towards Purchase of Land for Apartment Development

Posted at 10:23h in 2022, Recently Funded Loans

May 16, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $150,000 commercial loan to a Connecticut based real estate developer who is a repeat customer for whom WAC has funded numerous transactions during the last six or seven...

10 May Real Estate Investor Uses WAC Loan for Debt Restructure and Working Capital for Investments

Posted at 09:05h in 2022, Recently Funded Loans

May 12, 2022: Worth Avenue Capital, LLC is pleased to announce that it just successfully closed a $350,000 commercial loan to a real estate investor. The loan proceeds were used by the borrower both to restructure debt as well as provide additional working capital for...