$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

$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...