Another Positive Turnaround by Bellwether
Bellwether Funding, LLC of Brookfield continues to prove that out of bad situations come great results. Recently, Bellwether Funding was able to arrange a $350,000 refinance and working capital line for a local, well established concrete contracting firm.The Client’s bank did the unthinkable by freezing their line of credit and notified them that they would not be renewing their loans. Bellwether Funding was able to restructure the debt using the equity in the borrower’s building to support the new loan.
Bellwether Funding then worked with a local bank that was not only willing to work with the Client, but offered better rates, terms, and new availability to working capital to fund future growth.
Once again Bellwether was able to guide their Client from rocky seas into a safe harbor.