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Produce Importer Closes $1.7MM CRE Loan with Flatbay Capital

We recently closed a loan for a domestic subsidiary of a foreign corporation who imports produce from Mexico. The incumbent bank had to exit due to covenant violations, however Flatbay Capital  saw the strength of the parent company as well as the stable real estate as good risk mitigants. We look forward to helping this company get back on their feet.

Flatbay Capital specializes in non-bank loan/lines $1MM+ secured with owner-occupied commercial real estate

Vivian Thompson

PARTNER | BUSINESS DEVELOPMENT | HOUSTON

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REAL TERM SHEETS   +   COMPETITIVE TERMS   +   NO DSC REQUIREMENTS

Other recent owner-occupied commercial real estate fundings

OIL/GAS

HOUSTON

$3MM

CRE LINE

RETAIL

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$5.5MM

CRE LINE

MACHINE SHOP

HOUSTON

$2MM

BRIDGE LOAN

Warehouse.jpg

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Borrower
Banker
Broker
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Owner-occupied property
Yes
No
Requested LTV
<50%
50-60%
60-70%
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