Context Business Lending closed a growth capital facility for a consumer products distributor.
An Illinois-based, private equity-owned supplier of traction and industrial motors, primarily to the oil and gas industry, was seeking an asset-based line of credit to support working capital requirements. The company anticipated growth following the execution of a lender foreclosure through a private sale transaction.
Context was the chosen lending partner for its ability to provide a flexible solution to support ongoing business-plan execution.
