Flatbay Capital contributed to multiple businesses in 2024, including a serial entrepreneur’s new business, a family-operated roofing company, a Houston-based pipe coating company, a San Antonio-based auto repair shop and a Mexican avocado farm.
Serial Entrepreneur’s New Business: Flatbay Capital provided a $2.5 million CRE loan, supporting the company’s working capital needs and accelerating business growth.
Family-Operated Roofing Company: Flatbay Capital provided a $1 million CRE loan that paid off existing debt and allowed for cash out.
Houston Pipe Coating Company: Flatbay Capital provided a $7.5 million sale-leaseback to a client that, due to the downturn in the energy industry, combined with SG&A overruns, was not profitable for several years.
San Antonio Auto Repair Shop: Flatbay Capital provided a $2.2 million CRE loan to pay off an incumbent lender, the merchant cash advance lenders and provide additional cash-out for working capital.
Texas Importer of Mexican Avocados: Flatbay Capital supplied a $1.7 million CRE loan after the producer’s banking institution decided to exit the lending relationship.
