Burgerim restaurant franchise partners with Cornovus Capital for tenant-improvement loan
Working via Gerard “Jerry” Dehner, Managing Partner of Cornovus Capital, the OmSai Ram Investment Group has acquired tenant improvement, FF&E, interest carry, and working capital financing necessary for the build-out of a new Burgerim Franchise. A Cincinnati-based commercial real estate and business finance advisory firm, Cornovus Capital advised and arranged a SBA 7(a) loan facility, which featured four months of interest-only payments, followed by 116 months fully amortized. The loan pricing was WSJ +2%. Cornovus arranged the request through a Midwest bank. For more than 25 years, Gerard Dehner, Managing Partner, Cornovus Capital, has arranged transaction financing for commercial real estate and business owners across the country. We work with established, long-term relationships, including Debt Funds, SBA, CMBS, Life Insurance Companies, Hedge...