Access In Action - Loudoun Soccer
Overview of Transaction:
- Loudoun Soccer, a 38-year old independent 501(c)(3) nonprofit organization that provides recreational and travel soccer programs to the Loudoun County community, was in the market to purchase their own soccer park.
- The organization met with three other regional banks to secure their financing before selecting and scoring with Access National Bank.
Significance of Transaction:
- We provided $5.1 million in commercial real estate financing in the form of three loans that were equivalent to what they were paying in rent, with only a ten percent down payment. Within 18 months the organization was able to pay-off the third loan.
- Access National Bank’s in-depth knowledge of the nonprofit industry enabled Access to provide creative financing solutions and a level of personalized service unmatched by competing banks.