Progress Capital Arranges Financing with Two River Community Bank for the Expansion of Tommy’s Tavern + Tap

The vacant Sea Bright post office building was destroyed by Hurricane Sandy and later transformed to Tommy’s Tavern + Tap, a rustic industrial style restaurant and bar. Since their opening, the crowds continue to flow no matter the season.

Due to the popularity of this family friendly hot spot, an expansion will now commence. The expansion will include a much needed parking area as well as completion of the second story level to accommodate private parties and events.

Progress Capital arranged the financing with Two River Community Bank. “It was a pleasure working with Progress Capital and Tom Garrity from Two River Community Bank. Everyone involved enthusiastically embraced our concept and worked quickly and efficiently to achieve our financial goals. Not only were my expectations met, they were exceeded”, says Tommy Bonfiglio, owner of Tommy’s Tavern & Tap in Sea Bright.

Progress Capital is a commercial real estate advisory company serving clients since 1990. With over $40 Billion in closed loans and $150 Million of directly funded bridge loans, we will get you to the closing table… Plain and Simple. #thatsProgress