Commercial finance firm BizCap secured a $10 million asset-based line of credit for a company in the beauty industry to refinance existing debt and fuel growth.
“Both the company and BizCap were a pleasure to work with. BizCap brought a number of viable options for the company to evaluate,” said Steve Sala of Solution Advisors, who served as refinance advisor to the borrower, said.
“Our client’s executive team was a delight to work alongside,” Chuck Doyle, president and CEO of BizCap, said. “Once we gained a profound insight into their business dynamics and recognized their strategic prowess in the beauty industry, it became clear that we could structure a financing solution to fuel their path to further success.”
BizCap also recently completed financing arrangements for several clients, including $8 million for Aechelon Technology and $25 million for Performant.
