14 November 2023 – POSTED UNDER:
AltOpX funded an $833K loan for a local marina + high & dry. The borrower already had an SBA first position loan/lien. AltOpX structured a unique 2nd position lien behind the SBA, collateralizing the RE + business.
Banks are tightening. Most lenders don’t understand Small & Midsize Business (SMB) complications. We’re a group who have been there, and done that. We’ll listen, consult and provide alternative optionality to your funding needs.
E: info@altopx.com
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