Amount: $990,000 | Location: Connecticut
One Source Business Capital (One Source) closed a $990,000 SBA 7(a) loan for a residential care facility in Connecticut. The client attempted to secure a loan from several banks that could not provide funding for this type of property or business, so they referred the client to One Source. After meeting with One Source, the client secured the funds needed to complete the purchase with a 10% down payment and 25-year term.
“We are passionate about helping our clients secure the necessary funds to fulfill their goals and business needs,” said David Marcantonio, President/Founder of One Source Business Capital. “Our relationships with the traditional banking industry, the nation’s top private lenders, and non-bank lenders provide us with the opportunities to assist our clients in achieving their dreams.”
The SBA consistently ranks One Source Business Capital as a top producer for non-bank lenders around the country for business capital. One Source Business Capital has office locations in Florida, Texas, Massachusetts, and Connecticut; and can assist in lending to businesses nationwide. With more than 26 years of experience bringing borrowers and direct capital together, One Source Business Capital has funded over $561 million for small businesses. Affiliations with the nation’s largest non-bank lenders allow One Source Business Capital to provide loans to businesses that banks may have denied in the past.
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At One Source Business Capital, we have a singular focus — YOU. It allows us to bring efficiency and timeliness to the process. Very few lenders have the depth of knowledge and experience we do. You can count on us to get it done when no one else can.
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