Flatbay Capital assists established family hardware store with a $4MM CRE Line
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Flatbay Capital assists established family hardware store with a $4MM CRE Line

The Situation:

The family-owned hardware company hit hard times after losing their main supplier and over-expanding themselves. This landed the company in their bank’s special assets group where they could not use their real estate equity to carry them through the difficult situation.


The Solution:

Flatbay Capital converted their note to a $4.4MM CRE line of credit so the hardware store could use the interest cost savings. This was critical due to the business's seasonality.

Flatbay Capital specializes in non-bank loan/lines $1MM+ secured with owner-occupied commercial real estate

Taylor West

SENIOR VICE PRESIDENT | CENTRAL TEXAS

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REAL TERM SHEETS   +   COMPETITIVE TERMS   +   NO DSC REQUIREMENTS

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