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$2,100,000 Loan to Purchase Business and Real Estate

“We connected with Phil Martin at 44 Business Capital and from the very first meeting they told us not to worry and that we had options. They put us at ease and set us on the path that led to achieving our dream with a solid loan and manageable payment plan. They were right there with us every step of the way. The knowledge and confidence that 44 Business Capital showed really set us up for success.”

Mike McDonald, Owner
Scanlin-McDonald Funeral Home | Chalfont, PA

CHALLENGE

The borrower was certain that their dream of ownership was becoming an impossible task. Several lenders required far more collateral than the borrower had access to utilize. The traditional lender equity requirements prohibited the owners from securing a loan as these lenders were not flexible in their approach. 44 Business Capital worked with the borrower to secure funding with an SBA loan used to purchase the funeral home business with real estate.