Commercial Property Acquisition

The borrowers required funds to acquire a retail condominium and transform it into a full-service South Asian supermarket as part of a larger business expansion strategy. The challenge was structuring the financing to support the acquisition while also providing the capital required to buy out an existing business partner. We delivered a flexible facility that included an interest reserve for the first year. This allowed the borrowers to complete the purchase, undertake the necessary retrofit, and launch operations while preserving working capital during the initial growth phase. Once the business generates sufficient cash flow, the intended exit strategy is to refinance through a traditional financial institution.