As we begin the New Year at Barrington Commercial Capital, we want to remind you that we say yes when others say no.
Many banks and institutions are narrowing their focus and clamping down on lending requirements. At Barrington, we do things differently. Whether you need franchise financing, equipment funding or something unique, our team is committed to getting the job done. Here’s a look back at some of our most creative deals of the last few years.
How Barrington Commercial Capital Delivers for Our Clients
Our clients’ stories showcase our ability to get deals done, even if traditional lenders pass.
Daycare Financing
We’re finalizing documentation on a $3.7M SBA loan for a daycare facility, structured to provide 100% financing. What’s more, we’re now working on a second daycare project in Douglasville, valued at $1 million, with a $500K loan. The deal is moving through our pipeline via a referral.
Ground-Up Construction
A client initially received approval for a $3.8M ground-up office and storage facility project under SBA guidelines. When the borrower decided that SBA wasn’t the right fit, we switched to a 504 loan alternative. Our team moved quickly to keep the momentum going instead of trying to force the original proposal through.
Land and Development Strategy
A former professional football player client who owns eight residential lots has signed a contract to purchase another 30 lots. Our team is exploring ways to help the client capture some of the funds he invested in the initial lots in order to use them for vertical construction.
Adjusting a Loan for a Multifamily Project
In El Paso, we’re working on a $15M, 96-unit apartment development. Our team is helping the borrower determine the right loan scope and structure that will make the deal possible without compromising on their long-term vision.
Complex Refinancing
One client has four loans in process. Three of them are tied to replacing a restrictive blanket loan where the existing lender is creating unnecessary friction.
The Barrington team is assisting with valuation, property management issues and portfolio concerns to keep the refinancing process on track. We’re also working on a refinancing deal for a $1.3M facility in Tucker, owned by a previous client, with a loan amount of approximately $750K.
See How Barrington Capital Can Meet Your Financing Needs
If you need a creative commercial capital partner to fund your next deal or access needed equipment, we’ve got you covered. Contact our team to learn how we can fuel the growth of your business, even if a traditional lender has turned you down.
