AVANT Capital Partners announces $7,300,000 Closing of SBA 504 Refinance in NC
$7,300,000 Closing of SBA 504 Refinance in NC by Avant Capital Partners.
- Hartford, CT (1888PressRelease) March 17, 2012 - AVANT Capital Partners, a direct commercial real estate lender, just closed another SBA 504 refinance loan of $ 7,300,000 in North Carolina.
"Owner occupied real estate deals, regardless of industry type, are still very hard to do on a conventional basis. There is a significant supply of commercial real estate debt that has to be refinanced in the coming years and a slim appetite from banks for anything other than the premium credit borrowers. The SBA 504 program is an ideal fit under these circumstances," according to Howard Schweitzer, AVANT's Managing Director responsible for the transaction.
AVANT Capital offers an SBA 504 Loan program that offers small businesses a high leverage avenue for financing business oriented real estate. The 504 Loan Program provides approved small businesses with long-term, fixed-rate financing used to acquire and/or refinance commercial real estate assets.
AVANT Capital's current interest rates for its SBA 504 loans range from 3.95%-6.75%. The company makes loans between $500,000 and $10,000,000.
The 504 Loan program offers small businesses both immediate and long-term benefits, so business owners can focus on growing their business. Some of the top-level benefits include:
Up to 90% financing;
Longer loan amortizations, no balloon payments;
Fixed-rate interest rates; and
Savings that result in improved cash flow for small businesses
About Avant Capital Partners- Avant Capital Partners is a capital advisor and direct commercial real estate lender. The company provides commercial mortgages for stabilized and in-transition investment and owner occupied properties nationwide. They offer permanent financing solutions for stabilized assets and bridge or interim loans for properties that are in-transition.
For more information about Avant Capital Partners, please contact:
Howard Schweitzer
Managing Director
716-408-0309
howschweitzer ( @ ) avant-capital dot com
or
Adam Luysterborghs
Principal
(212) 231-9782
adam ( @ ) avant-capital dot com
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