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A consortium of banks led by MUFG, CIBC and NBC is providing the debt financing for the project. The deal includes a fixed-price, date-certain and fully-bonded Design Build contract for construction.
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The round also includes debt financing from The PrivateBank. This round brings Truss’ total funding to $9 million. Commercial real estate, just like its private. Truss also plans to expand to.
Other Austin no credit required commercial real estate loan providers tend to offer loans at high interest rates. But, we provide a 13 percent interest-only loan within both a 6-month or 12-month term.
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