Flatbay Capital Structured a $4MM Commercial Real Estate Line of Credit for San Antonio-Based Lumber Company
Guadalupe Lumber Company stands tall as one of San Antonio’s most enduring family-owned businesses stretching back to 1933. The company provides everything from high-quality lumber and roofing materials to windows, doors, cabinets, flooring, and hardware, serving generations of builders across the greater San Antonio area.
The Situation
Despite generations of hard work and deep roots in the San Antonio community, Guadalupe Lumber faced increasing financial pressure. Tariffs, intensifying big-box competition, and rising industry costs strained performance at a critical moment, creating a timing and structure gap that required flexibility beyond traditional bank financing. To continue serving customers and transition the business into the next generation, the company needed to restructure existing debt and access working capital. Existing commercial loan obligations placed pressure on cash flow and collateral, putting the company’s two key operating properties at risk.
The Solution
Flatbay Capital responded with a flexible solution structuring a $4MM commercial real estate line of credit tailored to the company’s transitional needs. The facility was used to:
Refinance an existing commercial loan
Repay a related-party obligation
Establish a reserve for future debt service
Provide incremental working capital to support operations
This transaction also marked a milestone for Flatbay Capital as its first CRE line of credit—a clean, real-estate-backed structure built on disciplined due diligence and confidence in the business and its collateral.
The Outcome: Stability and Return to Bankability
With Flatbay’s capital in place, Guadalupe Lumber stabilized operations, reduced financial pressure, and protected its core properties. The business continued serving its customers, supporting its employees, and carrying forward the family's legacy for future generations.
More than a refinance, the transaction served as a bridge. After exiting Flatbay Capital, the company returned to its long-term banking partner, unlocked equity from its real estate, and expanded into new lines of business. By providing time, flexibility, and certainty during a period of transition, Flatbay Capital helped position a century-old family business for sustainable growth—and a successful return to traditional bank financing.