Recently funded tree service company in Greater Boston with a REEF loan
Use of Proceeds: Purchase of property
Loan Type: REEF (Real Estate Enhancement Financing)
Industry: Tree Service Company
Financing was used to purchase existing real estate when the borrower’s landlord sold its current property and the new owner was unwilling to renew the lease. MGCC was brought in by the borrower’s bank to secure the deal when the purchase was unable to be financed with an SBA 504 loan. The new location will allow for expansion and business growth.