AZTEC GROUP SECURES $15 MILLION CREDIT FACILITY ON BEHALF OF
MIAMI (April 15, 2020) LV Lending, a local private lender focused on residential and commercial investment properties and Aztec Group, Inc., Florida’s leading real estate investment and merchant banking firm for the past 40 years, announced that Executive Vice President, Charles Penan, Senior Managing Director, Howard Taft and Director, Brell Tarich have arranged a $15 million credit facility for LV Lending.
“Getting a credit facility from a bank constitutes a great milestone for LV Lending in our process to become an institutional quality lender,” stated Camilo Nino, principal, LV Lending. “This line of credit will help us to grow and offer better terms for our borrowers and financing partners.”
“This unique facility will allow LV Lending to utilize the capital secured to further grow its current lending platform and expand its financing capabilities to serve the growing need for alternative financing that the region’s real estate market is experiencing today,” said Charles Penan, Executive Vice President of Aztec Group
About LV Lending
LV Lending is a Miami-based private lender focused on investment purpose loans for the acquisition and development of residential, commercial, and land projects. The company has a current servicing portfolio of over $200 million and has overseen more than 500 transactions for $400 million in Florida and Georgia.
Founded in 2015, LV Lending prides itself on its team’s approachability, fast closings, and high level of transparency. The company offers personalized funding solutions for construction loans, refinancing, commercial property acquisitions, and bridge loans, among other mortgage loans and business investments.