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, announce 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 real estate business and investment mortgage loans on residential and commercial properties. The company has a current servicing portfolio of $187 million and has overseen more than 462 transactions for $353 million in Florida and Georgia. Founded in 2013, LV Lending prides itself on its team’s approachability, fast closings and high level of transparency. LV Lending is an affiliate of Linkvest Capital.