Worth Avenue Capital, LLC (WAC) has closed a $150,000 commercial loan for a real estate investor who needed to restructure some outstanding debt on one of their holdings. The loan was secured by the real estate asset itself and was funded by one of WAC's private lenders. The loan closed within two weeks from the day that the loan application was submitted to WAC.
WAC specializes in arranging debt financing for small businesses as well as real estate investors/developers and also handles bank workouts for those same clients. WAC continues to provide its clients with excellent access to capital and a specific expertise in closing commercial financing transactions for those clients.