The client is a Houston-based fabricator focused on interior design for commercial spaces. After realizing that complex design projects were often overlooked or cut from the budget of construction projects, the owners combined their expertise and creativity to meet the need. The shop currently offers various services to the design community across Texas.

From the beginning, the business has done very well, increasing sales and net income year after year. However, a lightning strike from Hurricane Beryl caused a complete power outage at their operating facility. They tried to resolve the issue by renting generators, but these were insufficient for their heavy equipment.

The owners eventually had to outsource their milling and increase overtime costs for manual labor, which significantly impacted profit margins. Though it took eight weeks to restore full operations at the facility, the shop finished 2024 strong with an increase of 18% in revenue.

Despite its proven financial history and profit margins, the bank needed an additional year of positive net income before the fabricator could qualify for traditional financing.

So, they sought alternative means and contacted Flatbay Capital’s Business Development Officer, Lili Tafilaj.

Flatbay Capital secured a $1.7MM CRE loan to refinance the company’s existing CRE debt. The refinancing provided cash out to repay high-interest loans from other lenders and the remaining funds will serve as growth capital for the client.

“There are a lot of challenges for entrepreneurs,” Lili says, “whether that be mother nature or economic instability. I am grateful that I can assist them during these transitions.”