US Capital Partners has arranged a $6 million senior secured credit facility for an expanding Chicago-based consumer retail beverage company
San Francisco, CA, April 26, 2011 — US Capital Partners, Inc. (“USCP”) has secured a $6 million senior secured credit facility for a successful national beverage company headquartered in Chicago, Illinois. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in business loans for small to middle-market companies.
Founded in 2005, this rapidly expanding national beverage company sells its brands in 47 states, through a diverse mix of distributors. The company has become one of the fastest-growing consumer retail beverage manufacturers in the United States. Sales of the company’s beverage products contribute to thousands of jobs throughout the country.
The new credit facility arranged by USCP served to eliminate working capital constraints and fuel domestic growth. It included an accounts receivable and inventory line of credit on the company’s domestic assets, and served also to refinance the company’s existing line of credit.
“Our existing line of credit was inadequate to support our growth needs,” said the CFO of the business. “We sought out USCP to help us secure a line of credit that was scalable to match the growth of our business. We are delighted with the result.”
“We are very pleased to have arranged financing for this company beyond the traditional banks’ capabilities,” said Jeffrey Sweeney, CEO and Managing Director of USCP. “Working with our affiliates, we not only helped refinance the company’s exiting line of credit but also successfully arranged long-term, scalable financing to support the company’s ongoing domestic growth.”
About US Capital Partners, LLC
Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, corporate financing, and debt re-structuring to businesses across the United States and abroad. US Capital 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 them to provide the best financing available, not only for companies in excellent financial condition, but also for companies who may have been refused credit by traditional lenders.
If you would like to know more about how your business can secure the funding it needs, visit http://www.uscapitalpartners.net or call (415) 882-7160.
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Contact:
Emilia Doerr
US Capital Partners, LLC.
44 Montgomery Street
Suite 3520
San Francisco, CA 94104
310-709-4620
[email protected]
http://uscapitalpartners.net/
