Tinton Falls, NJ – Kathy Anderson, Managing Partner of Progress Capital, was retained by a consortium of Exxon franchisee owners to arrange financing when Exxon provided a one-time opportunity for each franchisee owner to purchase their station. The combined acquisition loans total just over $60,000,000. Progress represented over 25 owners and were able to close all the loans within a 120-day window. Anderson, arranged the financing with a series of regional banks, underwriting and packing the individual loans while also managing the environmental challenges associated with gas station land acquisition.
Progress Capital Advisors loan programs include Fixed Rate Loans, Construction and Specialty Financing as well as Directly Funded Bridge Loans. With over $40 Billion in closed loans and $150 Million in bridge and direct lending, we will get you to the closing table … plain and simple. #thatsPROGRESS