Southwest Guaranty
In August 2003, Milestone and the owner of Southwest Guaranty Mortgage Corp. (“SGMC”) formed a new operating entity in Houston, Texas known as Southwest Guaranty, Ltd. This new company was capitalized with equity capital from Milestone and operating assets from SGMC. Southwest Guaranty, Ltd. was formed to expand the current small balance commercial real estate lending operations of SGMC. Southwest Guaranty, Ltd. is a direct lender and is establishing an expanded regional presence for its commercial lending operations to provide quality service to a neglected niche market for commercial real estate loans between nonbankable loans and hard money loans.