Concord Financial Advisors served as exclusive financial advisor and arranged $8 million in senior debt financing to Pennsylvania-based Henry F. Teichmann, which will use the financing to refinance existing debt and to provide additional working capital.
“We were pleased to work with Tom Jones and his team at Concord. Because they know the lender landscape so well, Concord was able to walk us through how best to position the company and structure our financing to give us the best outcome in a tough credit environment. Their professionalism and ability to move quickly in getting the transaction completed was outstanding. We were able to close the transaction within 45 days, which is very noteworthy in the current market,” Andrew Sticha, treasurer of Henry F. Teichmann, said. “We would recommend Concord to any company looking for help with their financing needs.”
