US Capital Partners Provides $10 Million Term Loan for Business Holding Company


Posted April 3, 2014 by associate4

US Capital Partners, LLC has put in place scalable financing to support the expansion of a holding company for leading lower middle market growth enterprises.

 
San Francisco, CA, April 03, 2014 -- US Capital Partners, LLC has provided a $10 million term loan for a diversified holding company (the “Company”) headquartered in the Northeast United States. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equity placements for small to lower middle market businesses.

As a diversified holding company for promising high-growth enterprises, the Company currently has a number of operating subsidiaries, including a service provider and two component manufacturers for the aerospace industry. The Company required additional debt financing for general business purposes and to provide liquidity for new strategic targeted equity investments. It therefore turned to US Capital Partners for assistance.

“We are delighted to have provided $10 million in financing for this Connecticut-based enterprise,” said Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “The Company’s operating subsidiaries already had maximum leverage, and any additional leverage in those businesses would trip existing loan covenants. US Capital Partners was therefore able to use the Company’s stock as collateral for additional leverage. This allowed US Capital Partners to provide $10 million in additional capital for the Company, while the Company’s existing operating subsidiaries remained fully in compliance with their respective loan terms. In addition, this new debt financing is specifically designed to scale as the Company continues to expand through further acquisition or organic growth.”

About US Capital Partners, LLC:
Since 1998, US Capital Partners (www.uscapitalpartners.net) has been providing prompt, innovative, and reliable financing solutions including lending, equity financing, and debt re-structuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small to middle market private and public companies. The company’s innovative approach allows it to provide the best financing available, not only for companies in excellent financial condition, but also for companies that may have been refused credit by traditional lenders.

To learn more about how your business can secure the funding it needs, email Jeffrey Sweeney, CEO and Managing Director, at [email protected] or call (415) 889-1010.

Contact:
Hilary Adams
US Capital Partners, LLC
555 Montgomery Street, Suite 1501
San Francisco, CA 94111
415-889-1010
[email protected]
http://www.uscapitalpartners.net
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Contact Email [email protected]
Issued By Hilary Adams
Phone 415-889-1010
Country United States
Categories Business
Last Updated April 3, 2014