$3.5M Commercial Industrial Refinance — Scottsdale, AZ

A Credit Union Partnership That Held

Copper State Credit Union brought the commitment this transaction required, staying aligned with AVANA CUSO through the full closing process. When a CDC/SBA partial reconveyance requirement emerged, both teams coordinated to satisfy the condition without disrupting the borrower relationship or the funding timeline.

Resolving a CDC/SBA partial reconveyance requires precise coordination between the lender, the SBA, and title — each party working from the same information at the right time. The team executed that coordination and moved the transaction forward.

What This Closing Required

• CDC/SBA partial reconveyance condition identified and resolved through coordinated lender, SBA, and title communication
• Borrower engagement maintained throughout, with clear communication at each stage of the process
• Funding executed on close date, with wire coordination completed in full alignment with title

A Milestone for the AVANA Operations Center

This transaction holds additional significance for the AVANA CUSO team. Waypoint Partners marks the first loan processed end-to-end through AVANA’s Operations Center — a structured workflow built to support consistent, scalable loan execution across the CUSO network.

The fact that this milestone was achieved on a transaction with a technical reconveyance condition speaks to how the Operations Center was designed: not just to handle straightforward closings, but to support the team through the ones that require more.

What This Deal Demonstrates

Copper State Credit Union and AVANA CUSO came into this transaction as partners and closed it the same way. The credit union brought institutional flexibility and a willingness to work through the condition alongside the team. AVANA CUSO provided the operational infrastructure — documentation management, SBA coordination, and funding execution — that kept the process on course.

That combination is what the AVANA CUSO model is built to deliver — for this deal, and every one that follows.