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

Bakery in Utah Secures Financing for New Location Build-Out

Our team at Alternative Capital Solutions recently helped a bakery and deli owner based out of South Jordan, Utah secure a $678,000 loan. This loan will be used for the future build out of their latest restaurant location within the South Jordan market. This deal had a lot of moving parts, but we are excited to have made it to the closing table with a new client relationship and the ability to help them further with their business loan needs.

Want to learn more about Alternative Capital Solutions and how our team can develop a loan strategy that suits you and your business' needs? Submit a deal inquiry today on our website or submit the contact form. We're looking forward to speaking with you!

Get all the details at AlternativeCapitalSolutions.com.

 

by Leah Waldrop

CCB Client Refinances Loan with ACS to Secure Permanent Financing

This client, based out of Goldendale, Washington, started out as a customer of Commercial Capital BIDCO - our direct lending partner - where they currently had a 12-month note for a previous loan. Our team with Alternative Capital Solutions picked up the loan when the client was ready to seek permanent financing. During this process, we were able to lock in the refinance of this $507,000 loan by working with an additional lender to secure a HELOC that would aide the client in paying off a portion of credit card debt - allowing them to secure the permanent financing on the mixed-use rental space.
Do you have a current bridge loan or a different type of short-term loan? Our team at Alternative Capital Solutions has over 13 years experience moving short-term loans to permanent financing utilizing outside-the-box thinking and our national network of banks and lenders - allowing you to keep your banking relationship while we work to take your deal out of market. Let's talk through your permanent financing strategy today. Visit our website to get started > AlternativeCapitalSolutions.com. 

by Leah Waldrop

ACS Secures SBA Loan for Long-Time Client in Birmingham, Alabama

What started as a bridge loan funded by our affiliate company, Commercial Capital BIDCO, in November of 2023 has recently transitioned into a permanent SBA Loan. The owners of a quirky diner in Birmingham, Alabama was able to acquire the real estate in 2023 as well as remodel the facility and finish the buildout of their kitchen space using the $650,000 in bridge loan funds through the initial lending process with CCB. This eatery is now a favorite for locals and visitors alike within the fast-growing area and is now able to enjoy permanent financing via a SBA Loan for $980,000. These funds are being used for working capital, inventory, and continued strategic growth opportunities.

“It’s been so great working with you. You’ve always been so helpful, patient, and considerate. I put a lot of value in service like that. It’s not often you get the chance to work with people like that these days. CCB has been our lifeline through all of this, and you and Jeff have gone above and beyond.” - Co-Owner, J.S.

Thank you to this longtime client for being a part of what we enjoy doing day in and day out - finding ways to make your business decisions and dreams flourish!

Are you looking for permanent financing on your commercial property, but running into walls with your local lenders? Let us take on the loan and you keep the depository relationship with your current bank! Allow us to take the loan out of market for you and go to work on your investment journey.

Reach out to us today at alternativecapitalsolutions.com.

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