$4,300,000 Owner User Refinance

Capital Partners enthusiastically seized an engaging opportunity, stepping in to assist with the refinancing of a motorcycle retail center facing imminent loan maturity. With prevailing market challenges, including rising interest rates and post-Covid sales decline, the current prominent money-centered bank was hesitant to refinance the existing debt. In this dynamic scenario, Jon Fulton skillfully identified a lending source within Capital Partners—a smaller regional bank. This bank not only comprehended the business plan but also acknowledged the retail center's long operating history, prime location, low loan-to-value ratio, and allowed for a flexible cash flow structure for debt service.

The tailored financing solution facilitated by the regional bank provided the ownership with the necessary time and resources. This included the ability to sell off existing inventory, reduce costs, and transition towards electric vehicles (EVs) to attract a new demographic. The outcome was a highly attractive term loan that not only met the financial needs of the Borrowers but also averted the risk of default on their existing loan. This successful collaboration underscores Capital Partners' commitment to navigating challenges and delivering tailored financial solutions for its clients.