Business Capital Arranges DIP/Exit Financing For Historic Inn & Resort

October 28, 2020

Source: Business Capital

Business Capital (BIZCAP®) secured Debtor-in-Possession / Exit Financing for a premiere California North Coast boutique hotel located near the largest contiguous redwood forest in the world. Founded in the early 1920’s, it is known for offering a wide range of amenities, activities, and fine dining. The financing will help fund operations during the pandemic related travel and hospitality downturn, as well as allow for expansion and upgrades.

ABOUT US

Business Capital (BIZCAP®) is a leading commercial finance and advisory firm specializing in securing customized non-dilutive credit based solutions for rapidly growing as well as challenged middle market companies nationwide who require a unique, timely and tailored financing structure to address their particular needs, especially when conventional sources of capital are not an option.  BizCap is a proud supporter of Team IMPACT, a national nonprofit that connects children facing serious and chronic Illnesses with local college athletic teams, forming life-long bonds and life-changing outcomes.

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