Commercial Finance Partners (CFP) recently closed the following transactions:
- $5MM SBA 7(a): CFP advised Power Bolt & Tool, an Orlando-based industrial fastener and tool distributor, on a $5,000,000 SBA 7(a) loan- the maximum available under the program. The structure financed 100% of the company’s real estate purchase, no cash down, and refinanced its existing debt into the same loan.
- $1MM Conventional Term Loan: For a Colorado-based logistics company, CFP placed a $1 million conventional term loan refinancing the company’s existing debt- no SBA required.
- $750K A/R Facility: A St. Louis-based contract security services company completed a second-generation acquisition financed with an SBA 7(a) loan- and the SBA lender referred the borrower to CFP for post-closing working capital. The lender held a blanket first lien, so CFP structured an intercreditor agreement carving out receivables and inventory while preserving the lender’s position on everything else- executed on the same timeline as the 7(a) closing, with the first advance funded the day after documents were signed, at a 90% advance rate.
