Daily News: May 29, 2015

US Capital Provides Pacific Contours Facility


US Capital Partners provided a $10 million credit facility and term loan for Pacific Contours, located in Anaheim and Spring Valley, CA.

“We are delighted to have provided this $10 million facility for Pacific Contours,” said Jeffrey Sweeney, chairman and CEO at US Capital Partners. “Pacific Contours was locked in an inappropriate debt financing structure that was hindering its ability to grow. US Capital Partners leveraged the assets of the business to provide a larger, less restrictive credit facility for the company. The refinancing better matches Pacific Contours’ working capital needs and its borrowing base, helping the company pursue its business growth objectives.”

Pacific Contours specializes in precision machining and assembly of high-demand products for the aerospace industry.