Mountainside LLC is pleased to announce their first deal, a $1.5 million Bridge Loan to a well-known Real Estate Developer in Houston, TX. Mountainside recently formed a Real Estate Bridge Loan Division that will provide short-term financing for Commercial and Residential properties. Loan durations will be between six months to three years and will be in the $250,000 to $2 million range. Currently, there is a strong demand for loans of this type, and Clay Tramel (Managing Partner) and Joel Flig (President) of Mountainside Capital are very excited about the formation of the fund. Mountainside has the capability of originating fast, flexible, and creative decisions, such as building interest reserves into the funding.
Mountainside Capital also provides ABL and Factoring Services. For more information contact:
Joel Flig joel.flig@mountainsidecap.com 516-721-8643
Bob McDonald bob.mcdonald@mountainsidecap.com 843-475-7093