Just Closed – Metro Milwaukee Manufacturing Facility Refinance
Bellwether recently closed on a manufacturing plant in Metro Milwaukee which was refinanced for $1.6 Million using a bridge lender.
The borrowers were funded through an asset-based lender, and had their real estate tied up as part of the loan. Bellwether Funding was able to arrange for a bridge lender to pay off the outstanding term debt, and retire some lingering payables through the equity in the building. The borrower was able to realize savings in their monthly costs, as well as free up working capital for future growth. Please contact us if we can help you restructure your business debt, and create more working capital for your business.