Small balance loans are often rejected by conventional lenders as they are unable to offset the substantial fixed costs of underwriting and regulatory compliance. Since Worth Avenue Capital, LLC provides private loans, it can underwrite and approve most loan requests in days, not months, resulting in an ability to provide small balance loans to borrowers. Whether your capital need is $50,000 or $5,000,000, Worth Avenue Capital’s flexibility and nimbleness allows us to operate in the small balance loan space.
As a community banker, Michael Ciaburri saw how frustrating it was for business owners to be told their business, balance sheet, and collateral was in order, but their loan request was simply below the bank’s lending minimum. Worth Avenue Capital, LLC was formed to provide solutions for business owners facing that same dilemma.
As a private lender, Worth Avenue Capital, LLC are focused on the quality of the loans it approves rather than their size. If your business needs financing and has been turned down by the conventional banking sector, reach out to Michael Ciaburri to learn how Worth Avenue Capital, LLC can be of assistance.