A Tampa real estate firm has secured a $20 million revolving line of credit to help it move quickly to acquire investment properties. Validus Group Partners, Ltd. said Wednesday it had secured the bridge financing agreement with Synovus Bank. Validus has worked with Synovus for six years, said David Brightwell, vice president of business development…
Category: Financing
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Validus Group enters credit deal with Synovus Bank
Validus Group Partners Ltd. has entered into a new revolving line of credit arrangement with Synovus Bank to provide up to $10 million for its house portfolio. “Synovus Bank has had a strong relationship with Validus Group for the past five years and has seen our growth firsthand,” Vice President of Business Development David Brightwell said in statement. “They have an existing understanding of our businesses and have partnered with us in a variety of ways to support our continued overall growth.”…