Despite generations of hard work and deep roots in the San Antonio community, a family-owned lumber and building materials company faced increasing financial pressure. Tariffs, intensifying big-box competition and rising industry costs strained performance at a critical moment, creating a timing and structure gap that required flexibility beyond traditional bank financing. To continue serving customers and transition the business into the next generation, the company needed to restructure existing debt and access working capital. Existing commercial loan obligations placed pressure on cash flow and collateral, putting the company’s two key operating properties at risk.
Flatbay Capital responded with a flexible solution structuring a $4 million commercial real estate line of credit tailored to the company’s transitional needs. The facility was used to refinance an existing commercial loan, repay a related-party obligation, establish a reserve for future debt service and provide incremental working capital to support operations.
This transaction also marked a milestone for Flatbay Capital as its first CRE line of credit.
With Flatbay’s capital in place, the company stabilized operations, reduced financial pressure and protected its core properties. The business continued serving its customers, supporting its employees and carrying forward the family’s legacy.
After exiting Flatbay Capital, the company returned to its long-term banking partner, unlocked equity from its real estate, and expanded into new lines of business.
