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Home Deal Announcements

Concord Arranges $7MM in Senior Debt for Midwest Manufacturer

byABF Journal Staff
October 21, 2020
in Deal Announcements

Concord served as the financial advisor for a Midwestern manufacturer, arranging $7 million in senior debt to support working capital and refinance existing debt.

A $4 million revolving line of credit was financed by Gibraltar Business Credit. The remaining $3 million consisted of an SBA 7A real estate loan, which closed in under 30 days.

Concord is a financial intermediary specializing in private placements of senior and subordinate/mezzanine financing for middle market companies.

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