Daily News: November 1, 2012

Business Capital Provides $5 Million to Beer Distributor


Business Capital announced it provided $5 million in acquisition, revolving credit, real estate and term debt financing at 3.95%.

The client is one of the largest distributors of German and Eastern European beer in the Western United States, including two of Germany’s oldest and most successful premier brews.

With a worldwide reputation for providing quality German beer, expanding exports have produced enormous growth opportunities for distributing partners. Because of the complexity of their equity structure and their inability to concisely articulate the situation and opportunity, the client was declined by their current bank and several other lenders and unable to take advantage of their growth potential.

In less than 30 days, Business Capital delivered a single, customized and cost effective solution. This was achieved by quickly developing an understanding of the complexity of the client’s situation and opportunities and packaging a solution that leveraged a complete spectrum of assets and addressed all capital needs.

“In this highly risk averse environment, it was clearly a challenge for most banks and funds to understand and deliver an appropriate and timely solution. We were able to tap specific resources to deliver the best structure and cost of capital available. Our speed, agility and acumen in navigating the debt market, made it possible for our client to take advantage of the acquisition opportunities within the tight time-frame they were given to execute. Lower middle-market and family businesses have been devastated by their lack of access to capital. At Business Capital, we welcome the challenge to deliver cost effective, intelligently structured liquidity solutions to businesses that are not satisfied with their current capital options,” said Chuck Doyle, managing director, Business Capital

For over a decade, Business Capital has been structuring and delivering customized solutions to hyper-growth and distressed small and middle-market companies nationwide.