"We were fortunate to work with the BDC, which went out of its way to help our client get back on a growth track by restructuring its debt and working closely with other funding providers."
Joseph V. Cavallaro
Partner
Sullivan & Company CPAs, LLP |
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Case in Point: |
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Manufacturer of specialty rugs and related decorative items |
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Established in 1977 |
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100 employees |
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BDCRI provided a $300,000 long-term loan |
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Subordinated to a senior lender |
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Funds used to refinance highly leveraged debt related to a previous buy-out |
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