$1,300,000 Refinance Loan Automotive Assemblage (4 properties) – Farmingdale, NY
A family owned automotive business based out of Farmingdale, NY came to H&O Capital Funding looking for some help refinancing their property. Due to some mismanagement of the property after a death in the family, the company had to file bankruptcy to reorganize and regroup. With a pending bankruptcy, conventional financing really wasn’t an option. Luckily for the group, H&O Capital Funding was here to help them out with a $1.3m refinance of the property and give them some much needed time and breathing room to reorganize the management of the company.
For more information on loans that we offer, visit our website.