Flatbay Capital Provided a $4.5 Million Commercial Real Estate Line of Credit to Family Entertainment Business in North Dakota
November 19, 2025 - Two brothers had built a successful family entertainment business in North Dakota, but set their sights on a larger venture in Virginia Beach. They invested $6 million of their own money to buy a vacant retail building and had a $7 million renovation and equipment budget to transform the space into the ultimate safari trampoline park.
Traditional lenders saw the project as a high-risk renovation with no immediate cash flow and were hesitant to get involved. The brothers needed a lender who believed in their vision and proven business track record.
Flatbay Capital stepped in to provide a $4.5 million commercial real estate line of credit. This flexible financing was secured by the new property and three additional land parcels, providing the capital needed to begin the phased renovation. This partnership was a bridge between vision and its tangible execution, helping the brothers create jobs and a new source of joy and entertainment for the Virginia Beach community.