CST: 27/07/2016 23:52:33   

Phoenix Manufacturing Company Expands With Bridge Capital From Capital Fund

179 Days ago

PHOENIX, AZ. --(Marketwired - January 30, 2016) - An established west Phoenix manufacturer recently secured a government contract requiring them to immediately upgrade and expand their plant production capability in order to meet product delivery time lines.

Capital Fund of Scottsdale, Arizona stepped in to provide essential capital to fund the needed expansion. Fortunately, the owner had equity in his property, which he leveraged to secure short-term financing, which provided the money for his plant expansion. Capital Fund performed for this borrower funding a $850,000 loan in less than five business days.

Small businesses are constantly on the look-out for new and better ways to fund growth and expansion. Unfortunately, for most small business owners, traditional means of borrowing capital is not an option. Banks today are reluctant to lend and Small Business Loans, (SBA) are time intensive and, like banks, are dependent on a borrower's credit history and personal financial strength. In moving to the private sector, many small business owners find that Venture Capitalist requirements are too demanding, while Angel Investors are scarce and undependable.

Capital Fund has tapped into a niche offering financing options to business owners who have cash for a down payment or equity in their property. "Often times a property owner may have equity in his or her property that can be leveraged to provide the capital needed to grow their business" says Noah Brocious, Business Development Officer for Capital Fund.

Capital Fund is able to close quickly on equity loans because the loan is based solely on the real estate asset value. "Since property value can be assessed very quickly and accurately, the individual's credit is not even a factor. Thus, the loan decision can be made and the loan can be funded in a matter of days -- not weeks," continues Brocious.

"There is nothing more expensive than a lost opportunity," claims Mike Anderson, CEO of Capital Fund. "If the business had to wait for an SBA loan or a traditional bank, it would take too long to help. Capital Fund is the "go to" group when an entrepreneur needs money fast and has cash for a down payment or equity in a property to leverage," Anderson states.

It is not uncommon for small to medium business owners to obtain bridge loans in order to complete tenant improvements, expand operations, or acquire investment properties. Bridge loans, also known as "Gap Loans," are typically 12 months or less in term and are paid off from an owner obtaining a longer term traditional source of financing or from the sale of an asset. 

Capital Fund 1 provides private capital solutions to investors and corporations who have immediate cash needs or to those who cannot meet the stringent requirements of conventional lenders.

About Capital Fund:
Capital Fund is an Arizona Based Private Lender who specializes in offering private funds for non-owner occupied residential homes, commercial properties, construction projects, and lots or raw land. Our extensive knowledge and experience as a private lender has helped us in offering not only funds for investment properties, but also being a excellent resource to use in all real estate investment situations.

For more information on the company see website:
www.capitalfund1.com
(480) 889-6100

Media Contact:
 
Troy Bohlke
Tel: 480.584.2909