31 Jul Closed Commercial Loan for Connecticut Contractor
July 31, 2013
Worth Avenue Capital Closes Commercial Loan for Connecticut Contractor
Worth Avenue Capital, LLC is pleased to announce that it has successfully closed a $125,000 commercial loan for a construction company in Connecticut. The loan proceeds were used by the company to purchase an investment property in Connecticut that my client is going to fully renovate and then rent out to a new tenant and hold the property as part of their real estate investment portfolio. The loan was funded by a Connecticut based community bank. WAC was able to close this transaction for the client within about three weeks.