Successfully completed refinance of senior secured lender with a third-party finance company for transportation company
Courier business that was operating in the south and midwest U.S. was in forbearance with its primary senior secured lender following a covenant default from a decrease in profitability and a deterioration of its liquidity.
Custom packaging company reorganized and sold, including new financing enabling company to thrive
The company, a manufacturer of custom designed thermoformed plastic packaging products for the food, electronic, and retail industries, was having cash flow issues due to increased material costs, stagnant sales,…Read More