Doctor H., a highly respected and successful surgeon in Chicagoland, wanted an out-of-state loan to expand his practice to Fort Lauderdale, FL so he can have a second location. He needed a bank that would follow him on this expansion to purchase an office condo, build out the new surgical practice location, and also acquire some working capital. Not many banks will approve a loan with a client moving out of state, especially when it is outside of their direct lending territory.
We at Ivanhoe Capital Advisors were able to help him secure a $1.9 Million loan with our source in less than 45 days, even during the holiday season. Now Dr. H. will be a well-respected surgeon in South Florida as well as Chicago.