Flatbay's client is a seasoned entrepreneur and national commercial real estate developer. They have overseen the development of more than 50 projects, including multifamily, office, retail, and industrial spaces.
The Situation: The entrepreneur qualified for traditional bank financing, but chose an alternative funding approach to secure flexible funding and shorter repayment terms. The entrepreneur was introduced to Lili Tafilaj, BDO of Flatbay Capital.
The Solution: Flatbay Capital secured a $2MM CRE line for working capital needs.
“The flexibility we provided by leveraging raw land in the form of a commercial real estate line of credit was key for this client,” Lili says. “With this product, they have the capital they need to execute their expansion plan as the right opportunity arises.”
Flatbay Capital specializes in non-bank commercial real estate loans/lines $1MM+ secured with owner-occupied commercial real estat