Balance Sheet Loan
Spearhead Commercial Capital just closed on a non-real estate balance sheet loan. They worked with their client to help find the best solution for them to consolidate six high-interest-rate loans to more competitive private financing. Although the operating entity had sufficient cash flow, Spearhead Commercial Capital had to work around the challenge of limited collateral compared to most deals this size, including real estate assets. Nevertheless, Spearhead Commercial Capital found the right lender and helped their clients save money with better lending terms as trusted loan officers.
"We are proud to get this one done. We will probably work with this client again in the future on some other commercial real estate projects they are working on. Although historically, most of the transactions we work on are commercial real estate, we do have the ability to source debt for the right borrowers and the right collateral. We feel like we have the right network to be able to help with those solutions that may be unconventional or without commercial real estate ties." - Marcus Davis, Partner
Specialty lending covers a multitude of business needs. Not seeing what you are looking for? Or, maybe you need further information sure what type of loan would be best for your needs? Contact us and see how Spearhead Commercial Capital can get you the best lender for your needs.