Rainstar Capital Group, a Grand Rapids, Michigan based national debt advisory firm announced today it had provided mezzanine financing to a dentist practice in Chicago, Illinois. The client needed the additional debt financing to finish their 12th location.
Rainstar Capital Group led by CEO- Kurt Nederveld made the following statement, “Working capital is much needed for clients these days especially as companies rebound from COVID-19 and here at Rainstar we have great solutions for these types of growing clients.”
The client in Chicago was needing financing for tenant improvements to the location they were leasing, dentist office equipment and working capital for hiring. “I was pleased to assist this dentist practice during Coronavirus. While it did affect their business, they still were able to achieve their growth goals of opening their 12th location,” noted Rainstar Capital Group’s CEO Kurt Nederveld, who assisted the client on the transaction.
Rainstar Capital Group has built a lending platform of 250 registered lenders that provides term loans, equipment financing, unsecured lines of credit, senior debt facilities for commercial real estate and working capital solutions while investing in distressed debt portfolios, real estate and high growth companies. The lending platform finances clients from $10K to $500M across all credit profiles and 1st and 2nd lien debt positions. Rainstar has developed its own magazine- Rainstar Capital Group Ultimate Lending Guide which highlights all 250 lender’s programs. Information can be found here:
https://www.rainstarcapitalgroup.com/capital-markets/
“The practice had existing bank debt and were needing mezzanine financing; I’m pleased we were
able to help in the growth of their business.” - Kurt Nederveld
Please contact your local Rainstar Managing Director for financing inquiries -
Kurt Nederveld
CEO Rainstar Capital Group
Email: Kurt@rainstarcapitalgroup.com
Direct: 616-821-6535