TSL Express Daily News
The Secured Lender
SFNet's The 81st Annual Convention Issue
Intro content. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Curabitur iaculis sapien sagittis, accumsan magna ut, blandit massa. Quisque vehicula leo lorem, a tincidunt eros tempor nec. In quis lacus vitae risus egestas tincidunt. Phasellus nulla risus, sodales in purus non, euismod ultricies elit. Vestibulum mattis dolor non sem euismod interdum.
-
Top 5 Apps for Organizing
Mar 7, 2019If you’re like most of us, we try to stay organized in business and life, but it gets increasingly complicated…
-
The Importance of Stretching
Mar 7, 2019Every personal trainer and athletic coach I have ever worked with has stressed the importance of stretching. When working out…
-
SFNet's 40 Under 40 Award Winners Panel Recap
Mar 6, 2019Moderator: Samantha Alexander, regional underwriting manager, Wells Fargo Capital Finance’s Corporate Asset Based Lending group and 2016 CFA 40 Under…
-
SFNet's Inaugural YoPro Leadership Summit
Mar 6, 2019The Secured Finance Network brought together the next generation of commercial finance leaders for a full day of learning and…
-
It’s a Marathon, Not a Sprint
Aug 22, 2018I was recently invited to participate in an executive panel to answer questions from a credit training class comprised of...
-
It’s Not Too Late – Five Member Benefits to Cash In On Now
Aug 1, 2018As we hit the half way mark on calendar year 2018, it is a good time to take stock and…
-
It’s Time To Break Up With Your Phone
Jul 18, 2018Do I have your attention? Let’s be honest here: do you have the attention span to read this article? Compared…
-
Lien Management – What You Need to Know
Jun 6, 2018UCC filing is the cornerstone of all loans and every lien portfolio...
-
Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
-
How to be a Good Leader
Dec 5, 2017I know what you’re thinking…another article about how to be a good leader? The short answer is yes…but this time,…
-
Fintech and Due Diligence – Disruptors and Established Firms Evolve
Oct 30, 2017The fintech sector has gone through a number of manifestations in the past two decades.
-
A Commercial Banker’s Tickler Transition Plan
Oct 18, 2017Just do a keyword search for “bank tickler,” and you’ll quickly realize that banks are still heavily reliant on manual…
-
Understanding and Developing Your Personal Brand: Four Steps to a More Intentional Career Progression
Sep 5, 2017It is imperative for individuals to have a general idea about their future career aspirations, just as companies should have clearly defined strategies.
-
Selecting a Technology Vendor: 3 Questions to Ask
Jul 5, 2017As with anything else at your bank, selecting a technology vendor can be a challenging decision. Users from across different…
-
Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
-
The Lost Art of the Loan Purchase
Mar 2, 2017Purchasing a loan directly from a bank whether at par or discount is a not-often-used technique that is easily…
-
Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
-
Back Office Support Services: Helping you approve more clients
Feb 7, 2017How many times have you come across a potential client who’s financials are either not up to date, not accurate,…
-
“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
-
Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
.jpg?sfvrsn=f1093d2a_0 "#3 -_ 1 (1)")
November 8, 2023
Source: Briar Capital Real Estate Fund
Briar Capital Real Estate Fund (www.BriarCapital.com) is pleased to announce the closing of a new $13.8MM real estate acquisition loan to a foreign owned, start-up company in the green energy space.
Having identified a large, heavy industrial facility in Southeast Texas to house its US manufacturing operation, this company engaged one of the largest mortgage brokerage firms in the country to find a real estate lender. Not only were they looking for a lender to assist them in the purchase of the property but one flexible enough to accommodate them while they renovated the facility. Despite its global success, this company lacked a US manufacturing presence and as a true start-up, was unable to obtain credit from traditional lenders. With no available guarantors (personal or corporate) and numerous months away from generating revenue, they sought an asset based real estate lender large enough to make a loan this size and one that could look beyond the ‘typical” non-starters that prevent them from borrowing from most commercial finance companies. Enter Briar Capital.
Briar Capital was introduced to the company’s mortgage broker through a real estate lender in Houston, TX familiar with Briar Capital’s focus on the commercial, owner-occupied space. This lender recognized Briar Capital’s vast experience providing customized real estate lending solutions to businesses that do not fit the conventional lending mold.
“There is no better compliment than when a fellow lender recognizes the value you bring to the table and makes an introduction for you on a deal like this” said Jeff Van Sickle, Briar Capital’s President. “We were very pleased to structure an asset based real estate lending facility that addressed the unique challenges this company faced as a foreign owned, start-up manufacturing business looking to purchase and renovate a property as large as this one.”
Susan Holliday, Briar’s Chief Credit Officer, orchestrated the closing and said, “I am not sure other real estate lenders in our space would have been able to address the needs of this company as creatively as we did let alone tackle a loan this size without having to find participants.”
Briar Capital provides real estate loans nationwide up to $15MM and is a trusted lending partner to both the asset based and traditional lending communities. Using collateral based underwriting and drawing on its depth of real estate lending expertise, Briar Capital helps provide working capital using the company’s own real estate as collateral when conventional lenders will not.
Having identified a large, heavy industrial facility in Southeast Texas to house its US manufacturing operation, this company engaged one of the largest mortgage brokerage firms in the country to find a real estate lender. Not only were they looking for a lender to assist them in the purchase of the property but one flexible enough to accommodate them while they renovated the facility. Despite its global success, this company lacked a US manufacturing presence and as a true start-up, was unable to obtain credit from traditional lenders. With no available guarantors (personal or corporate) and numerous months away from generating revenue, they sought an asset based real estate lender large enough to make a loan this size and one that could look beyond the ‘typical” non-starters that prevent them from borrowing from most commercial finance companies. Enter Briar Capital.
Briar Capital was introduced to the company’s mortgage broker through a real estate lender in Houston, TX familiar with Briar Capital’s focus on the commercial, owner-occupied space. This lender recognized Briar Capital’s vast experience providing customized real estate lending solutions to businesses that do not fit the conventional lending mold.
“There is no better compliment than when a fellow lender recognizes the value you bring to the table and makes an introduction for you on a deal like this” said Jeff Van Sickle, Briar Capital’s President. “We were very pleased to structure an asset based real estate lending facility that addressed the unique challenges this company faced as a foreign owned, start-up manufacturing business looking to purchase and renovate a property as large as this one.”
Susan Holliday, Briar’s Chief Credit Officer, orchestrated the closing and said, “I am not sure other real estate lenders in our space would have been able to address the needs of this company as creatively as we did let alone tackle a loan this size without having to find participants.”
Briar Capital provides real estate loans nationwide up to $15MM and is a trusted lending partner to both the asset based and traditional lending communities. Using collateral based underwriting and drawing on its depth of real estate lending expertise, Briar Capital helps provide working capital using the company’s own real estate as collateral when conventional lenders will not.
© 2025 Secured Finance Network
