$250,000 to replenish Working Capital & Refinance Extended Payables

Problem: Management was caught in the cross-fire of losing a major account in a depressed economy and being unable to delay strategic investments in new production capacity.  The quick fix was driving up credit balances and stretching the trade, but a more permanent solution was required. Response: Key operating initiatives included diversifying...

$1,000,000 Syndicated Term Loan for Management-Led Acquisition

Problem: The CEO of a local manufacturer owned 10% of the business and had the opportunity to buy out a passive stockholder’s 90% share. Limited collateral availability prevented the company’s bank from fully funding the purchase price – leaving a $1,000,000 shortfall. Response: The Business Development Company had established an...

$400,000 to Finance Owner Occupied Leasehold Improvements

Problem: In an effort to streamline operations and improve productivity, management decided to relocate to a larger building. The building appraisal was lower than what the bank and borrower anticipated and the bank was unable to support all of the purchase price and required improvements. The business needed an additional...