Deering Capital Sources Refinancing of Warehouse and Business Line of Credit for South Dade Distributor

Miami, FL – Deering Capital recently arranged $4,500,000 in financing for a Miami-based produce grower and distributor. The financing was comprised of a business line of credit and a first mortgage secured by a 40,000 SF warehouse distribution facility in South Miami-Dade County. The transaction was funded by a Miami-based community bank.

Deering Capital worked with its network of financial institutions to obtain financing during a challenging economic environment, proving that attractive financing is readily available for successful businesses with strong financial positions.

Deering Capital, LLC, an affiliate of Deering Companies, is a Florida licensed Mortgage Brokerage Business that provides debt and equity placement services.