In the last 60 days, Commercial Finance Partners (CFP) closed two transactions through its conventional term loan program. Both deals required CFP to work alongside other lenders and consulting partners and negotiate intercreditor agreements.
Cox Group: $15MM Conventional C&I Term Loan
CFP was brought into this transaction by a consulting group structuring a broader $30 million capital solution for the client. CFP closed the $15 million conventional C&I term loan with a full 25-year amortization, sitting alongside a separate $15 million ABL facility placed by another lender in the same close. CFP worked directly with the consultant, the ABL lender and borrower’s counsel to negotiate the intercreditor and keep both closings on the same timeline. The 25-year term materially reduced monthly debt service.
Associated Thermoforming: $5.65MM ABL Revolver + 10-Year Term Loan
A Rocky Mountain specialty thermoforming manufacturer had outgrown conventional bank appetite and needed to take out its existing facility while preserving working capital for cyclical inventory builds. CFP structured a non-bankable two-tranche solution — an ABL revolver on AR and inventory paired with a 10-year term loan on hard assets — and negotiated the intercreditor agreement with the existing SBA lender to get the deal to close.
