Alantes secured a $11.5 million term loan for an entertainment services company.
The company brings more than 40 combined years of experience to the industry, servicubg top-tier production companies and studios such as Netflix, Amazon, Hulu, Paramount and Sony. It provides out-of-the-box and customized production solutions and continue to grow both in reputation as well as inventory and expertise.
With the always improving quality of cinema and film and changing technology, the demand for quality assistance is always in constant flux. However, with the ever-growing list of clients, the company found itself needing additional working capital in order to purchase new products to service new orders.
Alantes secured a term loan based on the company’s existing equipment. The facility was initially intended to replace a small portion of its debt but Alantes was able to underwrite and secure a complete refinance of the existing debt, which would consolidate outstanding debts, provide working capital and allow more flexibility for future growth.
Alantes Corporate Finance specializes in capital raises and strategic advisory for small to middle market businesses across the nation.
