R&F Commercial Debt & Equity Completes Lending Solution for Three Fox Vineyards in Delaplane, VA
Helps Company Get Focused Back on the Business of Making Great Wine
WASHINGTON, Nov. 21, 2012 /PRNewswire-USNewswire/ -- R&F Commercial Debt and Equity LLC, a fast-growing firm gaining a reputation for its expertise in providing innovative lending solutions, has refinanced Three Fox Vineyards, a boutique winery located in the foothills of the Shenandoah Mountains of Virginia.
R&F, founded in 2011 by Steve Ross, a banker with over 25 years of experience, and Eric Fedewa, an award-winning real estate developer for over 20 years, provides loans on "common- sense" deals. While the financial system remains frozen, R&F assists its clients in locating, procession and closing the most competitive capital available in the marketplace.
John Todhunter, owner of Three Fox Vineyards in Delaplane, VA, said he "grew frustrated after dealing with a bank that would not extend his loan" and finding no commercial banks willing to work with him. Finally, he discovered R&F Commercial Debt and Equity.
"I was referred to Mr. Ross by a mutual friend," said Todhunter. "The vineyard has been my dream for years but the bank was turning it into a nightmare." R&F saw the value in the project, taking note that Three Fox Vineyard's business was booming.
"Why wouldn't a bank do this loan?" said Ross. "I met John Todhunter at his vineyard and I tasted one of his wines on a beautiful Friday afternoon. I learned that the Todhunters enjoy taking trips to various parts of Italy, and that they have unique and insightful knowledge about how these different wines are produced."
"We saw the awards Mr. Todhunter had won for his wines, how the vineyard was packed with loyal customers. At that point I knew R&F could help Mr. Todhunter and his business," said Fedewa. "What we look for in our customers is a passion for their business, a track record of financial success, and a vision for future growth. We certainly saw that with Mr. Todhunter."
"Now I can get back to the business of making great wine, hosting events at my vineyard, and growing my business. Three Fox Vineyards hopes to have a case production goal of 5,000 per year – and that wouldn't be possible without the financial expertise of R&F," said Todhunter.
Three Fox Vineyards is located in Delaplane, VA and is open Monday, Thursday, Friday and Saturday from 11 a.m. to 5 p.m. On Sundays, they are open 12 p.m. to 5 p.m. Tours have concluded for the season, but will resume in May 2013. To contact the winery, call 540.365.6074 or email firstname.lastname@example.org. Learn more at: www.threefoxvineyards.com.
About R&F Commercial Debt and Equity:
R&F Commercial Debt and Equity offers a more creative, less bureaucratic alternative to "traditional" commercial financing. The company assists clients in locating, processing and closing the most competitive capital available in the market place. R&F has its own capital sources, investors and reliable institutional partners that lead to responsible lending for rewarding results. The team specializes in evaluation, acquisition and operation of residential and commercial assets. This experience and history of successes in mortgage and lending along the East coast will enhance your next financial needs.
SOURCE R&F Commercial Debt and Equity LLC