COVID-19 Message From The OSBC Team We hope that you and your loved ones are healthy and well in these unprecedented times. As we navigate the current situation with an increase in COVID cases, here at One Source Business Capital, we want you to know that our firm is still offering clients capital and business lending services. The healthcare of our clients and team is a priority, and we have found other ways to meet the needs of those who rely on us for funding. These resou
(March 29, 2021) – Doug Bagnasco recently joined One Source Business Capital (One Source) as a chief credit officer. In this role, he assists businesses in gaining funds for commercial real estate and operations. One Source provides options to companies that may not meet the lending criteria from traditional banking institutions. Bagnasco also co-manages a bed and breakfast called the Devonfield Inn, which gives him an inside perspective on small businesses and their particul
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
(December 14, 2020) Victoria Pelka with One Source Business Capital (One Source) recently expanded business operations to include an office in Austin, Texas. She serves as a business development officer, assisting businesses in gaining funds for commercial real estate and operations. One Source provides additional options to companies that may not meet the lending criteria from traditional banking institutions. Pelka works with clients to find the best fit among the numerous
(November 19, 2020) – David Marcantonio, President of One Source Business Capital (“One Source”), has been granted membership in the National Private Lenders Association (NPLA). This exclusive professional group allows private lenders the opportunity to provide greater service to clients while also participating in the legislative and public policy process at the state level, and in Washington DC. “I am honored to join such a knowledgeable and accomplished group of profession
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