Earn incentives for CRE referrals -
OWNER-OCCUPIED COMMERCIAL REAL ESTATE LOANS
Direct Lender
Private credit fund offering non-regulated, direct commercial real estate loans
No financial covenants
Focus on running your business without the stress of financial covenants
Flexible terms
Borrow $1-5MM for multi-year interest-only terms at competitive rates
Partner network
Commercial bankers, private equity firms, investment bankers and specialty lenders
Behind each funded deal is a business owner with a transition story and a plan for stability and growth
“Without the solutions that Flatbay Capital provided to get equity out of our building, I'm not sure what we would have done to get cash needed to run our business. They came forward during a period of time that was already challenging prior to 2020 and took time to understand our situation. I'm happy to say that we were able to get things turned around in less than a year and secure a traditional banking relationship, and the transition was very smooth.”
Marc Brod, CFO
ESP Steel
“Flatbay Capital was professional and attentive to our needs. They responded quickly to our inquires and helped provide the extra capital we needed to move onto our next step. When it came time to exit, they were helpful getting us the releases we needed in a timely manner. If the need arises for us in the future, we will definitely speak with Flatbay first. We would recommend them to anyone.”
Adam Cooley, VP, Corporate Development
NewLife Forest Products, LLC
"We appreciated Flatbay Capital approving our loan when 7 banks declined us. We were a young company and needed someone to believe in us. Your loan helped us purchase our U.S. headquarter building. Today, we are thriving and have just paid off our loan in full, using company cash. Thank you Flatbay"
Marc Blatner
CEO, Tumi Technology
2019
FOUNDED
100+ Years
BANKING EXPERIENCE
$2.5MM
AVG DEAL SIZE
95%
SUCCESSFUL EXITS
FAQs
Our typical clients:
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Small and medium sized companies with commercial owner-occupied properties, such as industrial, warehouse, manufacturing, distribution & retail
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In a transitional period, seeking an alternative to a bank loan whether it’s due to not meeting a covenant, an upcoming maturity or needing cash-out
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Successful in the past and expects to become bankable again in the near future
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$1-5MM, in the top 50 metro markets. We do not lend in rural or unstable markets. We focus on metro markets in states that are growth-oriented and business-friendly.
No. We focus on helping businesses that are either currently not profitable or growing very rapidly (i.e. high leverage). These companies are not bankable today, but it is highly likely that they will be within 12-36 months when a bank can refinance the loan.
No. We are focused on real estate collateral and understanding the turnaround plan for the business. We do run standard client background checks.
When a business owner occupies any % of the subject property and runs their business out of it as well. Single family homesteads are ineligible.
Upon signature of mutually agreed terms, funding typically takes 4 – 6 weeks.
We do not do ground up construction lending, however we will lend based on the appraised as-is market value. Cash out from a refinance could be used towards your property’s construction/development plans.
We are a 1st lien deed of trust lender on commercial real estate. We do not allow 2nd lien deeds of trust. Security interest in businesses assets is generally not required.
We typically collect 2-3 years of operating company financials, personal financial statements, as well as have comprehensive conversations with the business owners. We will also need a 3rd party appraisal, environmental reports, title policy and other items customary to closing a commercial real estate loan.
Yes, we only require 1st lien deed of trust on the commercial real estate. Other issues such as IRS liens, property tax liens, mechanic liens and judgements can be paid off, subordinated or otherwise remain in place with an approved payment plan.
REAL TERM SHEETS + COMPETITIVE TERMS + NO DSC REQUIREMENTS
