The tax legislation passed in December 2017 only applies favorable tax treatment to self-propelled vehicle
inventory loan interest paid by RV dealers, and excludes non-motorized RV travel trailers from similar treatment despite the fact that approximately 85% of RVs sold are non-motorized travel trailers.
* An $8,000,000
inventory loan on for a commercial condominium project on Bowery.
The agreement has reportedly enabled the retirement of Corgenix's factoring line of credit and
inventory loan with Summit Financial Resources LP and the financing will be used for working capital purposes.
been drawing about $25,000 from the business for personal use, while the remaining $25,000 of earnings is used for debt principal repayment on a large
inventory loan arising from Martina's recent purchase of the business.
"Funds in use at Heller rose 20 percent, principally through the company's
inventory loan program."
*
Inventory loans. Few banks will make an
inventory loan because of the volatility of commodity markets.
The 24-month condo
inventory loan is secured by this 48-unit development and was provided by a balance sheet lender and features full-term interest-only payments.
The firm can later on request evaluation by the lender for a prospective
inventory loan to be effective as early as six months after closing.
Greysteel arranged a condo
inventory loan for five townhomes in the Carroll Gardens neighborhood of Brooklyn, NY.
* A $6,500,000
inventory loan on a 8-unit condominium building on Bowery.
A condo
inventory loan totaling $30 million was recently closed.
* A $24,250,000 condominium
inventory loan in Aventura, FL.
