South End Capital Closes a $587,000 Debt Consolidation and Working Capital Loan for a Neighborhood Bike Shop
May 24, 2017
We are thrilled to have helped another non-conforming small business owner (620 credit score in this case) refinance suffocating debt. We consolidated over $550K of debt, including a pricey first mortgage and a 23% term loan. Additionally, we provided working capital and financed all closing costs. This loan was funded at 6.75% and amortized over 25 years.