Flatbay Capital Closes $1.5 Million CRE Line of Credit for Premier Heavy Hauler
Flatbay Capital has closed a $1,500,000 commercial real estate line of credit for an established industrial logistics and transportation provider. The transaction provided the non-bank bridge capital needed to support a sudden ownership transition, address accumulating vendor payables and navigate a complex estate probate timeline.
Structured with a 3-year interest-only term, the facility is secured by owner-occupied industrial property. Proceeds retired outstanding equipment debt, resolved legacy balance sheet obligations and brought vendor accounts current, supporting uninterrupted fleet operations through the transition.