Commercial Finance Partners (CFP) recently closed a comprehensive refinancing package for a multi-location accounting firm roll-up whose prior facility had surpassed its original term with its debt provider.
CFP arranged a $10.8 million senior term loan to refinance all existing indebtedness, complemented by a new working capital facility designed to support ongoing liquidity and future growth initiatives post-closing.
“Our team remained fully committed to the borrower throughout a lengthy diligence and negotiation process,” Bill Krebsbach, director of structured finance at Commercial Finance Partners, said. “Situations like this are exactly why we exist — complex deals, evolving timelines and borrowers who need a partner that won’t walk away when challenges arise. We’re proud to deliver a capital solution that supports the company’s long-term goals.”
Leveraging deep relationships across the private credit market, CFP sourced a lending partner capable of navigating the unique challenges associated with the shareholder notes and structuring a facility aligned with the company’s operational objectives.
