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The Madison Group (TMG), a leading nationwide source for commercial real estate financing, is pleased to announce the successful refinancing of a $1,500,000 SBA 7a loan for a logistics services business located in Illinois. The transaction featured a 5-year conventional loan with a competitive interest rate of 6.6%, structured with a 20-year amortization schedule. This strategic refinancing not only provides the client with essential liquidity through a $300,000 line of credit but also aligns with their objectives of enhancing flexibility and facilitating future growth.
The refinancing aims to optimize the existing capital structure while minimizing financial risk, allowing the client to focus on expanding their logistics operations. TMG's seasoned professionals leveraged their extensive banking background and deep industry relationships to secure this favorable financing solution, underscoring their commitment to delivering tailored financial strategies for their clients.
The company conducted a competitive financing process, ultimately selecting a lending partner with flexibility and expertise to navigate the complexities of a recently purchased business. This strategic approach resulted in a reduction of the company’s overall interest rate by more than 2%, while also securing an additional $300,000 in working capital to support growth.
Location: Illinois
Loan Amount: $1,500,000 with $300K LOC
Rate: 6.6%
Term: 5 Years
Amortization: 20 Years
Partner with The Madison Group to secure the best financing for your investment.
