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Our client is an early and elementary child private school. While building their second location, COVID-19 hit and the owner could not keep up with the bank’s debt service coverage ratio.
So, the owner was referred to Flatbay Capital by their previous SBA lender. We delivered a $2.5MM CRE loan to pay off debt and provide working capital for the facility.
Connect with a local BDO
Recent fundings
REAL TERM SHEETS + COMPETITIVE TERMS + NO DSC REQUIREMENTS
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