Loan amount – $550K
Collateral: real estate and rolling stock

This loan was to a 30-year-old company with 15 employees and allowed the company to purchase their rolling stock and real estate out of bankruptcy in order to keep the business going. The owners of the company had a long history of success, but an unforeseen issue disrupted their business. We were able to provide the capital to re-launch what had been a very successful endeavor.