Brooklyn Social Club Bridge Loan – $1,420,000
From the beginning, this was not your typical deal. A group of borrowers approached H&O Capital Funding looking for some funds to get an old/defunct social club up and running again. Having been turned down by multiple lenders who “didn’t understand our vision”, club members turned to H&O Capital in a last-ditch effort to secure the financing they needed. Thankfully for the club members, H&O Capital Funding DID understand the vision and were able to provide them a bridge loan and close the deal within three weeks.
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