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Earn incentives for CRE referrals  -

$1MM CRE loan helps global healthcare provider reach optimal growth

Our client, a global healthcare provider based in Houston, was founded in 1980. The company provides testing, wellness checkups, on-site evaluations, and services in various industries.

Our client hit a rough patch in 2021 when the Biden Administration pulled out of Afghanistan, severing a contract that allocated a significant amount of the company’s overhead. Along with the contract loss, the owners did not adjust their bottom line appropriately, leading to continual losses in 2022.

Taking a step in the right direction, they contacted a third-party consultant for assistance in applying for employee retention credits (ERCs), but the owners still caused a financial strain.

With new management in 2024, a massive reduction in overhead expenses and an increase in contracts boosted the healthcare provider back to profitability.

However, their financial history prevented them from obtaining traditional bank funding for property renovations. As a result, they were directed to Flatbay Capital's Business Development Officer, Lili Tafilaj.

Flatbay Capital provided a $1MM CRE loan for cash-out purposes. The cash out will be used for building improvements and any access cash will support working capital needs.

“I am thrilled that we were able to help this company in their time of need,” Lili says. “Once they have had consecutive years of strong financial performance, they can exit Flatbay and refinance the note with a traditional lender.”

A big thank you to the client for partnering with Flatbay Capital!

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

REAL TERM SHEETS   +   COMPETITIVE TERMS   +   NO DSC REQUIREMENTS

Other recent owner-occupied commercial real estate fundings

$1.2MM

CRE LINE

MEDICAL

HOUSTON

$1MM

BRIDGE LOAN

MEDICAL

HOUSTON

$2MM

CRE LINE

RETAIL

HOUSTON

Meet the team

Elliot Smith
MANAGING PARTNER
Jorge Puig
MANAGING PARTNER
Barbara McLaughlin
PARTNER | CONTROLLER
Scott Deal
PARTNER | NATIONAL SALES DIRECTOR
Vivian Thompson
PARTNER | BUSINESS DEVELOPMENT | HOUSTON
Lili Tafilaj
BUSINESS DEVELOPMENT | HOUSTON
Taylor West
SENIOR VICE PRESIDENT | CENTRAL TEXAS
Stephanie Roehm
DALLAS-FORT WORTH MARKETING REPRESENTATIVE
Sean Gunnell
BUSINESS DEVELOPMENT | DALLAS-FORT WORTH
Jesus Becerra
BUSINESS DEVELOPMENT | CENTRAL TEXAS
Helena Hauk
BUSINESS DEVELOPMENT | CENTRAL TEXAS
Brent Coesens
VP BUSINESS DEVELOPMENT | SOUTHWEST U.S. | PHOENIX
Steve Hansen
BUSINESS DEVELOPMENT | SOUTHEAST U.S. | ATLANTA
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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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