We have just closed a $1.5 Million loan to our client to pay
off existing debt and provide working capital to expand it's 225,000
square foot medical facility in Detroit, Michigan. The site was
recently selected by the state of Michigan as a site for testing and
treating COVID-19 patients. The facility has 60 beds and 19
ventilators, which will be crucial for tending to patients.
We remain open for business and seeking new lending
opportunities. If you have any existing projects in need of bridge
financing please feel free to contact us to discuss.
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