Local Kitchen in Tennessee Receives $3MM SBA Loan for Business Expansion

We are proud to have helped a local kitchen in Williamson County, Tennessee see their dreams of expanding their at-home business come to life. Focusing on gourmet homemade meals that families can conveniently purchase and then cook at home became a staple for the community and beyond. The commercial kitchen in their home no longer fit the bill and the client needed to purchase a building in order to expand and keep up with demand. Our team was able to assist the client by helping them secure a $3,022,000 SBA loan. Our expertise was able to guide the client through the expectations and requirements of SBA loan products - allowing them to close as quickly as possible.

Have a small business or would like to explore SBA loan opportunities? Contact us today to get the conversation started: https://alternativecapitalsolutions.com/funding-application/

by Leah Waldrop

Repeat Client Closes $6.2MM Commercial Property Purchase in Tennessee

Our team at Alternative Capital Solutions was able to recently help a long-term client close a $6.2MM loan for the purchase of 133 acres in Portland, Tennessee. A native of Bowling Green, Kentucky and a well-known developer, our client allowed us to work locally and we were able to secure financing for this deal using a Tennessee community bank. Sitting as a  previously stalled development project, the large tract of land will now be revived by our client and will boast 269 single-family residential lots with Phase 1 of the project launching soon with 84 pre-paid lots. This loan closing is a testament to our Credit Team and our repeat clients who trust us to secure the right funding quickly and easily.

Have a commercial real estate deal that you would like to talk through? Our team is comprised of creative outside-the-box thinkers who thrive in finding unique funding solutions. Contact us today by submitting a Funding Inquiry via our website: https://alternativecapitalsolutions.com/funding-application/

by Leah Waldrop

ACS Secures $1.8MM SBA Loan for Client After Other SBA Lenders Refused

Alternative Capital Solutions is proud to announce the closing of a SBA Loan for our client in Westfield, Indiana. The $1,880,000 loan will allow the client to construct and build out his latest barbecue restaurant. Having been turned down by other SBA lenders prior to coming to us, we were not only able to walk the client through the process of acquiring construction permits, but we were also able to lock in this SBA deal for him when other lenders refused. We pride ourselves in outside-the-box lending strategies so that our clients can get the funding they need quickly and seamlessly. We would love to work with you on your next investment opportunity.
Submit a deal inquiry today at alternativecapitalsolutions.com.

by Leah Waldrop

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. 

by Leah Waldrop