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August 25, 2017: Pittsburgh, PA. Restructuring Advisory Group www.restructuringadvisorygroup.com or www.restructuringexperts.com a Chapter 11 Expert, and expert in CMBS Loan Restructuring, Chapter 11 Finance, Debtor in Possession Financing Commercial Loan Modifications and funding Chapter 11 Reorganizations today announced it has procured a$2.35M Loan Commitment to fund the acquisition of a commercial property and pay the principal balance due under a Chapter 11 reorganization plan that required the restructured loans be paid off in the 36th month of the plan.
The funds will also be utilized to install solar panels so that the Subject Property meets the SBA 504 energy public policy goals as described in the Small Business Investment Act, Section 501(d)(3) as (I), (J), and (K) and Section 502(2) A (iv) and (v).
Over a 30-year period, Restructuring Advisory Group has established a nationwide network of banks and financial institutions with whom the Company underwrites loans for its Chapter 11 clients, thereby offering market rate financing for companies and commercial real estate owners who have emerged from or are emerging from Chapter 11.
In this particular financing, the bank is funding the loan at a 6% interest and zero points to a Borrower who previously filed Chapter 11 as an individual and who also filed Chapter 11 on 2 of his partnerships.
RESTRUCTURING ADVISORY GROUP
Ph # 800-357-8247
Website: www.restructuringadvisorygroup.com
Website: www.restructuringexperts.com
Email: RESTRUCTURING EXPERTS@GMAIL.COM
Company :-RESTRUCTURING ADVISORY GROUP
User :- C.H. Brown
Email :-restructuringexperts123@gmail.com
Phone :-800-357-8247
Mobile:- -
Url :- http://www.restructuringadvisorygroup.com/