Albuquerque, NM

​

Bastion Capital provided  a $6,500,000 credit facility for a New Mexico-based electrical construction company. Sponsors had recently acquired the firm and were looking to exit their existing bank which had an approaching loan maturity. Bastion structured a $3,000,000 equipment line as well as a $3,500,000 asset based loan secured by accounts receivable.  Progress billing is much of their receivables which caused some hurdles with their local lending relationships. Total term is 3 years with option to extend.

​​

July 2024

Bastion Capital Group funded a residential/mixed use construction loan for Copper Valley Development in Copperopolis, CA. Borrower was having significant issues in securing the loan because of its rural location. Borrower’s local banking relationship would not lend as the loan was too large for their credit committee as well as it being in a tertiary market. Property collateral was more than sufficient in addition to the guarantor’s significant financial strength. Property was fully entitled in addition to fully operational golf course.

​

Loan Amount: $40,000,000

Loan Term: 3 years

Interest Rate: 8.25% Interest Only

Loan Use: Refinancing existing debt in addition to vertical construction. 

May 2022

Bastion Capital successfully funded a $17,000,000 Bridge loan (2 years, 9%) for Areu Studios, previously owned by Tyler Perry. The studio is most known for filming the Tyler Perry Madea franchise films. Borrower needed to take out lender that was charging 13% percent as well as cash needs to refinance other creditors. 

December 2021

Bastion Capital Group closed a $5,400,000 commercial loan for Louisiana privately held REIT.  Our client had struggled with local banks to refinance the property for two main reasons, environmental and loan maturity.  The previous lender was putting significant pressure requiring our client to refinance.  Our firm was able to refinance the debt and work with the borrower to remediate all environmental issues.  Our loan refinanced a 12% hard money loan our client secured years past, into a 5.25% 30 year amortizing loan.  Project also allowed for cash-out in order to pay fees and closing costs.

Please keep us in mind for all your potential commercial loan opportunities.  We look forward to speaking soon and catching up.

August 2020

Bastion Capital restructures over $12,000,000 worth of real estate debt for privately held Peoria REIT.

​

July 2014

Bastion Capital Successfully restructured $2,300,000 Hotel SBA Loan

Bastion Capital Group successfully assisted and advised Grip Clean, recently featured on “Shark Tank”.  Grip Clean was seeking better board oversight, manufacturing control, as well as capital for overall growth of  their product.  Currently, Grip Clean is being sold throughout the US in many auto parts stores.

​

May 2016

BCG Successfully capitalized new development capital on behalf of Five Points Industrial Services, LLC.  Five points was able to finalize a $17.5 million final phase construction on mining facility operated and owned by Cemex Corporation.  Five points Industrial services is a mid market privately held Texas Based Company doing business throughout the US.  Their main focus is providing construction services to for large mining and aggregate companies which include Cemex (CX), Old Castle Materials (CRH), Martin Marietta (MLM), Gerdau (GGB), New Trinity (TRN) Etc.

​

February 2016

Bastion Capital Group restructured over $11 million in commercial real estate loans for Midwest private trust.  Portfolio consisted of many different properties which had loans maturing.

Bastion Capital Group funded a loan in Anchorage Alaska for a lawn and landscaping company. Client was looking to secure a long term fixed loan and refinance existing SBA loan.  Clients were wanting to fix the term of their loan as opposed to having a floating rate with their previous SBA Loan. The new loan is a portfolio loan and non government guaranty backed.  Borrowers had been trying to secure a new loan for 6 months prior to meeting Bastion. Transaction took 60 days to close because of new appraisal that needed to be ordered.

​

Loan Amount: $2,100.000 New Lending Facility

Loan Term: 20 year amortization, with three 5 year adjustments

Security: Senior credit facility secured by real estate

January 2023

Bastion Capital Group funded an acquisition for a recreational trampoline center operator. Borrower used the funds to purchase all stock ownership from previous equity holders. The only assets were center equipment and personal guarantees. Clients tried to fund through SBA however only had 30 days to close a transaction. Banks were passing because there was a lack of collateral as opposed to the significant cash-flow surplus.

​

Loan amount: $1.5 million

Loan Term: 2 years

Interest Rate: 12% interest only

April 2022

Bastion Capital provided $2.5 million permanent financing for property owner. 25 year amortization at 4.25%

Borrower needed to refinance a bridge loan that was coming to maturity.

November 2021

Loan amount: $10,000,000

Loan Term: 4 years, Interest Rate 7.95%

Bastion Capital Group successfully closed a $10,000,000 Credit facility for a Midwest Based Chemical Manufacturing Company and Cargill Inc. The Chemical manufacturing company is a US-based producer of sodium methylate solution with a 20,000 metric ton per year production facility located the heart of America’s most prolific biodiesel producing region. Client required additional operating capital as well as new operational agreements with Cargill Corporate. Borrower has further been able to secure a new customer base increasing overall production and profitability.

​

May 2018

Loan Amount: $3,500,000

​

Bastion Capital Group successfully refinanced a boutique hotel resort spa in Maui.  This resort has been in business for over 10 years however existing debt was maturing required the borrower to refinance.  As part of the refinance the borrower was able to lower overall debt yield and loan maintenance.   Loan pricing was 4.65%, 25 year amortization, and fixed for 10 years.  Additionally, the borrower was allowed to cash-out over $ 1,000,000 for additional property improvement and operational costs.

Bastion Capital Group successfully negotiated a loan restructuring on behalf of Technology Conservation Group.  Existing lender had acquired the previous debt from BBVA in which the loans had matured. A discount was negotiated providing additional equity in operations.  TCG is one of the largest South Eastern Electronic Recycling groups processing multiple millions pieces of hardware each year.

​

March 2016

Bastion Capital Group successfully financed and restructured on behalf of a private Missouri corporation which acquired the debt for Motoped, inc.  Existing company required new capital in order to work out a resolution with existing lender which had debt around $8.5 million.  New operations were formed in order to better manage finances moving forward.  In addition inventory has been acquired allowing orders to be fulfilled.

​

December 2015

In 2011 the Des Moines Business Record featured Leo Skeffington in an article outlining the Des Moines area financial  restructuring business. Click here to view the article.