Commercial Finance Partners Announces Record 2019 for SBA Loan Origination

Commercial Finance Partners is pleased to announce that is set a new record in 2019 by facilitating over $117,000,000 in new SBA loans for 2019.  A few highlights include:

•            $5,000,000 SBA 7a to refinance real estate and equipment for a sign manufacturer on a projections basis

•            $3,875,000 SBA 7a to refinance debt and provide working capital for a chain of home furniture retail stores

•            $4,430,000 SBA 7a to acquire a machine shop in California

•            $4,400,000 SBA 7a to refinance debt for an asset based hauler

•            $4,100,000 SBA 7a to acquire an oilfield equipment supplier located in Oklahoma

“We are thrilled with our growth in 2019” commented Darren Palestine, Managing Partner.  “Our goal has been to provide our clients with access to solutions for growth, debt refinancing, and acquisition financing- while supporting the working capital needs through our direct lending and partner programs.”

Commercial Finance Partners is a Florida based lender and loan packager providing working capital solutions for small to middle market business seeking alternative forms of capital including asset-based loans, term loans, accounts receivable funding, and other non-traditional capital resources.