Growth Funding Group Closes Fast-Track $9.4M Bridge Financing on Non-Cash-Flowing Bankruptcy Asset

Thursday, 03 September 2026 09:55 AM

Topic: 

Company Update

In partnership with Honor Preferred Equity Group, the Tucson lender structured high-leverage debt exceeding 80% LTV on a 65,353-square-foot vacant industrial property under severe court deadlines.

TUCSON, AZ / ACCESS Newswire / September 3, 2026 / Growth Funding Group closed a $9.4 million first-mortgage bridge loan to fund the acquisition of a vacant 65,353-square-foot industrial warehouse out of active bankruptcy. The deal was structured and funded alongside Honor Preferred Equity Group.

The transaction carried heavy structural friction. The asset had zero in-place cash flow. The borrower required over 80% LTV. On top of that, the purchase sat inside an active bankruptcy proceeding with a hard, court-ordered deadline. Traditional lenders walked away.

Growth Funding Group and Honor Preferred Equity Group took the file. To beat the court timeline, both teams ran title review, structural underwriting, and collateral valuation simultaneously. This parallel workflow compressed months of diligence and protected the buyer's closing deposit.

"We do loans other lenders won't touch-no cash flow, vacant property, tight timeline, high LTV, property in bankruptcy court," said Charles Lloyd, Managing Partner at Growth Funding Group. "Most of the time, those deals wind up in the round file. Banks see an empty building tied up in court and freeze. We don't. We underwrote the real estate value, worked with Honor Preferred Equity Group to clear the legal hurdles, and funded before the clock ran out."

The closing proves that capital remains available for distressed industrial assets, even as regional banks pull back. Private credit continues to fill the financing gap for complex acquisitions where speed and leverage dictate deal survival.

Brokers, sponsors, and bankruptcy advisors with time-critical financing requests can submit loan scenarios at www.growthfundinggroup.com or speak to a partner.

About Growth Funding Group

Based in Tucson, Arizona, Growth Funding Group provides alternative commercial real estate financing across the United States. The firm focuses on high-leverage bridge loans, non-stabilized properties, and special-situation transactions that require rapid execution.

About Honor Preferred Equity Group

Honor Preferred Equity Group provides structured equity and mezzanine capital for commercial real estate assets nationwide. The firm partners with debt funds and sponsors to recapitalize, acquire, and reposition transitional properties.

Media Contact:

Charles Lloyd
Managing Partner
Growth Funding Group
855-458-3863
[email protected]
www.growthfundinggroup.com

SOURCE: Growth Funding Group