$4,935,000 Equipment and Working Capital Loan Closed

513 Capital, a Cincinnati based finance intermediary, is pleased to announce the refinance funding for a Winnie, Texas based materials and service supplier. The company owner was doubling his revenue year over year and sought to consolidate outstanding debt and secure working capital for more growth. 513 Capital arranged the refinance transaction with a Midwest bank featuring a SBA 7a guarantee. The closing took place in time for the extraordinary 6 month payment relief deadline. The loan is fully amoritizing on a 25 year schedule.

513 Capital specializes in bank, SBA, Fannie & Freddie, and private commercial real estate and business funding.

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