ACS Funds Start-Up Automotive Repair Shop in Florida
Alternative Capital Solutions is pleased to announce the funding of a start-up automotive repair shop in Mount Dora, Florida. The amount funded totaled approximately $810,000 and the loan proceeds will be used to fund the full start-up process for the repair shop. Funding a start-up business can be a fulfilling process as you are able to provide support for a new entrepreneurial and investment opportunity! Learn more about this deal as well as talk through your potential deal by contacting our team. Submit a deal inquiry today on our website by clicking here.
ACS Closes $5MM Second Lien on Tennessee Hotel
CLOSED & FUNDED! Our client was completing a major Property Improvement Plan and needed to tap into their equity on the property in the amount of $5,000,000. The east Tennessee hotel and hospitality property performs extremely well. Due to the impeccable financials, Terry Luker and our team was able to secure a second lien on the property and get the client the $5,000,000 they needed to complete their renovations. We completed the second lien financing to keep the first lien in place due to the value of the lower interest on the first lien. We're excited for our client as well as the positive outcome of this creative deal structure we created with the second lien.
Have a property that needs renovations, improvements, or has equity that needs to be utilized to strengthen other areas of your business? We would love to help! Submit a deal inquiry form today HERE ON OUR WEBSITE.