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Flatbay Capital Supplies a $2.4MM loan to Steel Distributor

Our client is a Houston based distributor and seller of steel products. The company needed funding to pay off debt obligations. Flatbay Capital supplied a $2.4MM loan to pay off those debt obligations and the access cash was used for working capital needs.

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

Other recent owner-occupied commercial real estate fundings

MEDICAL

HOUSTON

$1.2MM

CRE LINE

MEDICAL

HOUSTON

$1MM

CRE LOAN

RETAIL

HOUSTON

$2MM

CRE LINE

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I am a
Borrower
Banker
Broker
Other
Owner-occupied property
Yes
No
Requested LTV
<50%
50-60%
60-70%
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