Completed $2,840,000 construction financing and a $400,000 operating line of credit for a world-class indoor go-kart racing and entertainment venue in St. Catharines, Ontario.
Foundry Mortgage Capital is pleased to announce the successful completion of a $2,840,000 construction financing, along with a $400,000 operating line of credit, to bring a world-class indoor go-kart racing and entertainment venue to St. Catharines, Ontario.
With traditional Canada Small Business Financing Program loans capped at $1,150,000, we developed a strategic financing structure that reduced risk and secured institutional corporate funding beyond standard lending limits.
A special thank you to our client for their trust in Foundry to deliver a tailored financing solution. Congratulations to Akshay Gupta for successfully structuring this corporate financing.
If you're exploring corporate financing or commercial real estate financing, connect with our team.
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