Flatbay Capital Closes $1.1MM CRE Refinancing for Supplement Manufacturer
Flatbay Capital closed a $1.1 million commercial real estate refinancing for a Colorado-based supplement manufacturer with more than 35 years of operating history.
The three-year, interest-only loan, secured by three industrial flex units, refinanced maturing real estate debt and high-interest revolving obligations, improving cash flow flexibility as the company expands its domestic distribution.
The financing also accommodates the planned sale of a surplus property unit, with proceeds to be applied toward principal reduction.