MBG Capital Partners helped a client refinance their existing debt and obtain a $1.5M term loan plus a $200k revolving line of credit secured by their owner-occupied warehouse. This client has been in business for over 30 years, but in recent years was suffering from overseas competition offering cheap alternatives. Despite the hurdles, MBG Capital Partners was able to refinance their existing debt and reduce their interest rate from over 9% to the low 4% range. Use our 20+ years of experience to get behind the numbers and help tell the story of your client while also assisting the banks in getting comfortable with the deal.
$2,000,000 Loan for SFH Portfolio
MBG Capital is proud to announce the approval of a $2,000,000 non-revolving line of credit for the purchase of SFH rental properties. This client had been stuck in a relationship with a bank that didn't want to give the client what they were requesting. In fact, many banks shy away from this type of transaction given the added complexity and administration costs, but given our deep relationships with several institutions, we were able to negotiate a unique financing structure that was acceptable to both parties and obtained a commitment for our client within two weeks. If you or your client is stuck with terms that are not at the market then please reach out to us to discuss how we can help.
Construction Loan for Warehouse
MBG Capital Partners is proud to announce the closing of a rate and term refinance of a 24 bed ALF in West Palm Beach. The loan was approved within 14 days and closed within 40 days. The loan was a ten year term with a 25 year amortization with a five year fixed rate priced in the 4% range. If you have a client that owns an ALF, please feel free to reach out and discussing how we can help you help your client.
MBG Capital Partners is proud to announce the closing of a rate and term refinance of a 24 bed ALF in West Palm Beach. The loan was approved within 14 days and closed within 40 days. The loan was structured with a 10-year term and a 25-year amortization. The rate was fixed for the first 5 years at a rate under 4%. If you have a client that owns an Assisted Living Facility, please feel free to reach out and discussing how we can help you help your client.