Commercial Equity Financing

[Burke Fisher]

Hey guys, so I have a small business (Bowling alley) that has about 85% equity. We are currently expanding and updating the bowling alley; adding a beergarden in our grove area.  But we also want to leverage some equity to purchase something cash flowing as well as using to remodel. What are the stipulations for commercial equity note? What would you guys do in this situation?


Im looking to diversify my portfolio and buy an STR or various other investments.

[Ronald Rohde]

If I understand correctly, you are going to cash out? Once you cash out, there are no typical stipulations. Its your money to spend on STR, etc.

Read your documents, but Loan Agreement would specify.