April 23, 2014 | Posted in Client Success Stories | By

–Client Success Case–

Triangle Rock Club

Joel Graybeal


“ I was very impressed with the entire team of folks at BEFCOR.  As a former mortgage banker for 25 years, I understood the value of great communications and follow-up as well as follow through.  Louis Rogers did a great job of championing us thru the approval process.  He kept me informed thru every step of the way.  I don’t like surprises and Louis never surprised me.  After loan approval, Cindy Kiker did an awesome job of coordinating with the closing folks to ensure that all the final documents were in order.  She promptly followed up with me thru out the debenture process, keeping me well informed throughout the process.

A smooth closing is one in which the process starts and ends well with great communication in between.  All of the great folks at BEFCOR operated with a sense of urgency and purpose.  Their funding of our second real estate project in January ’14 will allow us to increase our 2014 revenues by over 65% as compared to 2013 figures.  Well done BEFCOR!”

In January 2014, TRC closed on a third 504 Loan for over $2.4 million from Business Expansion Funding Corporation (BEFCOR) and VantageSouth.  TRC used these funds to purchase their second facility which is in North Raleigh. This facility includes 13,000 feet of climbing terrain and opened in September 2013.

Read more about TRC’s success story: http://www.sba.gov/about-offices-content/2/3127/success-stories