Alternative lender reaches financing milestone

Real estate debt fund AVANA Capital has reached a milestone, lending more than $1 billion to small businesses and entrepreneurs

Alternative lender reaches financing milestone
Real estate debt fund AVANA Capital has reached a milestone, lending more than $1 billion to small businesses and entrepreneurs.

The 15-year old company sources funds from investors worldwide and offers private commercial real estate loans nationwide. Clients are often those that are unable to secure financing from traditional routes.

"AVANA Capital started with a simple objective: to create economic growth," said Sanat Patel, Chief Sales Officer and co-founder of AVANA Capital. "As we surpass $1 billion in loan support, we continue to push open doors of opportunity for small, often under-served market segments. Along with the achievement of our goal comes our renewed commitment to meet the unique needs of seasoned entrepreneurs and small- to mid-sized businesses through innovative, well-conceived finance solutions." 

The fund is now targeting $3 billion of loans by the end of 2019.