Amount: $5,100,000 | Location: Maine | Closed: Within 10 Days One Source Business Capital’s (OSBC) bridge loan program recently closed a loan for $5.1 million for an oceanfront inn/spa/restaurant on Maine’s coast. This business was exiting Chapter 11 and taking advantage of a discount, so they needed to close the loan in 10 days. OSBC was able to secure the funding and meet the requirement to close in 10 days, saving the customer a significant amount of money. “We were happy
Amount: $5,000,000 | Location: Pennsylvania | Closed: Within 35 Days Details: A Pennsylvania defense contractor received a new government contract and needed $5 million in working capital to fulfill the new contract. After being declined by several banks, the last bank recommended One Source Business Capital (OSBC) as an organization that may have resources to assist the customer in securing the needed financing. The customer contacted David Marcantonio, President of OSBC. Af
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