Recently we closed two loans for a veterinary practice that was trying to pay off an old real estate/business loan.  The original loan was not really structured correctly and the relationship with the lender had really soured over the years.  The original construction went well over budget, (for numerous reasons) and the borrower had really gotten off on a bad foot with the lender due to the multiple cost overruns on the original plan.  Even though the COVID-19 pandemic made things very difficult in 2020 and 2021, the borrower had survived (and thrived!) having some of their best years ever.  Although it took some creativity from a great lender to put together a strategy that made sense for all, this client has an excellent financing structure now and is ready to expand and execute on its business plan.   Without the refinance of this debt, this client would not be able to expand their services and hire new employees.  With this new structure, they are positioned well to grow tremendously over the next several years.