Posted in business-financing, closed-transactions, industrial-financing, sba-7a-finance by Editor
Chicago, IL – Cornovus Capital, a Cincinnati-based commercial real estate and business finance advisory firm, is pleased to announce the successful arrangement of acquisition financing for a distributor of industrial electrical heating elements, controls, and automation products located in Chicago. This financing package was structured as an SBA 7(a) loan with a 10-year fully amortizing schedule, providing the acquirer with a stable, long-term solution to support growth and operational continuity.
By leveraging this loan structure, the new owner can seamlessly assume control of the distribution operations while retaining vital working capital for day-to-day functions, potential inventory expansion, and continued investment in technology and automation. The combination of an extended repayment term and competitive SBA rates allows for predictable monthly payments, creating a sound financial foundation that supports both near-term objectives and long-range strategic planning.
Drawing on over 60 years of combined experience, Cornovus Capital specializes in delivering innovative financing solutions for commercial real estate and business ventures nationwide. The firm’s established partnerships with SBA lenders, CMBS providers, life insurance companies, hedge funds, private capital, and a network of both regional and national banks enable Cornovus Capital to craft loan structures aligned with each client’s unique objectives. Whether the goal is expansion, acquisition, or recapitalization, the team at Cornovus Capital stands ready to facilitate solutions designed to propel businesses to their next level of success.
For more information on how Cornovus Capital can assist with commercial real estate and business financing needs, please call 513-653-4246 or visit: www.Cornovuscapital.com.
Tags: business-finance cmbs cmbs-financing finance-my-business industrial-building-financing industrial-building-refinance manufacturing-finance owner-occupied-business-finance owner-user-financing sba-7a