Industrial Real-Estate Purchase- $4,100,000

Financing of $3,200,000 for a Commercial Real Estate purchase and Tenant Improvements for $900,000.

The client is based in Calgary and is primarily involved in sandblasting, painting, corrosion protection etc. for various industries.

With significant growth in operations & revenues in recent years, they quickly outgrew their existing leased facility. Working closely with their realtor & myself, together we were able to come up with a plan to assist with their acquisition. BDC was able to provide 100% financing within a tight time frame.

Highlights of the loan program include a longer amortization period, a significant “interest only” period, a minimal Personal Guarantee and a great interest rate.

If any of these terms appeal to you, give me a call at 403-608-4896 or e-mail at fahad.nayyar@bdc.ca