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A1 Capital Resources Provides a $2.3 Million Commercial Real Estate Loan in St. Petersburg, FL
A1 Capital Resources, a leading provider of U.S. SBA 504 loans for small business owners who want to acquire their own facilities, closed a loan for Flamingo Resort Hotel recently for $2,357,000.
Flamingo Resort is a fully renovated 132-room hotel with six bars, including an outdoor Cabana bar/eating area, a casual dining restaurant, a retail area and large patio/courtyard and smoking area, plus a large outdoor pool and lounge area that caters to a niche customer base. The resort offers non-stop entertainment, fine menu fare and poolside & resort accommodations.
“A1 Capital Resources was great to work with,” said owner, David Baker. “They set my expectations high up front, and followed through with everything they said they would. The closing was completed quickly and with no surprises, and I was very pleased with the overall process.”
The SBA 504 Loan Program helps owners of small to mid-sized businesses, like Flamingo Resort, have an opportunity to create wealth and financial freedom. Their specialization in these 504 loans allows borrowers, like David Baker, to own their commercial property with the highest cash-on-cash return financing available, without tying up their capital, allowing them to grow even faster.
ABOUT A1 Capital Resources, LLC.:
A1 Capital Resources is an internationally recognized team of financial specialists that arranges short-term and long-term equity solutions for small businesses, large commercial projects, private investments and many other financial ventures. With extensive experience in securing investments for a variety of specialized purposes, they offer a comprehensive, highly effective strategy for navigating the financial industry. A1 Capital Resources have well structured strategic alliances with a global network of businesses, private and institutional investors, top world banks, private lenders, attorneys as well as other resources.
Visit www.a1capitalresources.com for more information.
Robert Small (CEO)