Rainstar Capital Group, a Grand Rapids, Michigan based national debt advisory firm announced today it had provided cash out refinance for a retail store business in the Houston, Texas metropolitan area. The client needed to fund a buildout for a new store to replace one of the store locations whose lease was expiring and was moving to a new location with larger square footage.
Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, "We are thrilled that during COVID a retail store is growing locations and one of our lenders could finance their growth need.”
The store had the opportunity to locate a far superior location in the same town that gave it significantly more square footage. "By financing the expansion of one of the locations, the client is now able to utilize the additional selling space and high visibility to significantly increase sales,” noted Rainstar Capital Group's Managing Director Rich Rose, who assisted the client on the transaction.
Rainstar Capital Group has built a lending platform of 250 registered lenders that provides term loans, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions. The lending platform finances clients from $10K to $500M across all credit profiles and 1st and 2nd lien debt positions. Rainstar has developed its own magazine- Rainstar Capital Group Ultimate Lending Guide which highlights all 250 lender’s programs. Information can be found here:
https://www.rainstarcapitalgroup.com/capital-markets/
"This will also allow the client to maximize sales for that location that was previously limited by lack of retail space, poor parking and visibility in their old location.”– Rich Rose
Please contact your local Rainstar Managing Director for financing inquiries -
Rich Rose
Managing Director
Rainstar Capital Group
Direct: 602-309-1007
Rich@rainstarcapitalgroup.com