Flatbay Capital provided a $1 million commercial real estate secured line of credit for working capital to a Texas-based mechanical contracting firm that offers equipment and services to bulk liquid storage terminals and the pipeline industry.
In 2023, the firm was thrown an unexpected curveball when the operating facility the company rented was put up for sale by the owners. In need of a working capital line more than ever, the contracting firm was referred to Flatbay Capital.
Lili Tafilaj, business development officer of Flatbay Capital, worked closely with the company’s owners to understand their needs and goals.
“You two are so down to earth and easy to speak with,” the client said of Tafilaj and Jorge Puig. “It was like, these are bankers? I know behind the scenes, it’s a solid organization, too. You all are doing a lot of good with your banking talent. So unique to me. I’m glad I discovered Flatbay.”
