News By Tag
News By Location
$15,000,000 Non-Recourse Line of Credit Secured for Expansion of 1-4 Family Portfolio
Progress Capital's David Cappello Negotiated the Amount and Terms of the Line of Credit on Behalf of a Valued Client.
By: Progress Capital
Cappello has a history of working with small to medium size businesses and client portfolios seeking to secure the working capital necessary to expand without over leveraging. David suggested and arranged a non-recourse revolving line of credit with a 24-month term that the client can draw upon immediately (up to 80% purchase price) for acquisitions.
Progress Capital loan programs include Fixed Rate Loans, Construction and Specialty Financing as well as Directly Funded Bridge Loans. With over $40 Billion in closed loansand $100 Million in bridge and direct lending, we will get you to the closing table … plain and simple. #thatsPROGRESS
Learn More About This and Other Recently Closed Transactions At: