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$5,000,000 SBA Loan to Kuhns Lumber Company for Debt Refinance plus Working Capital for Expansion

"From the first phone conversation I had with Scott Stevens, to the final closing. Scott was our cheerleader and problem solver. He never gave up on us even when we doubted that the refinancing could ever get done. He was the shining light through some dark periods of disappointment. 44 Business Capital and Scott Stevens, as well as several members of the 44 Team helped get us to the finish line."

Timothy Kuhns
Kuhns Lumber|Lewisburg, PA

CHALLENGE

Traditional banks were unable or unwilling to write a loan necessary to refinance the debt for Kuhns Lumber Company. A series of circumstances that included a major fire at the main sawmill, and the closure of a sister company that they held ownership in, caused the lending institution to throw in the towel. The family run business was in the process of reinventing their business model and had many opportunities to turn things around. After 55 years of business we were facing the possibility of foreclosure. That's when 44 Capital arrived on the scene with a financing plan.