Concord Financial Advisors closed four senior debt transactions in Q2/20, including:
- A $21 million senior secured revolving line of credit for a global designer, manufacturer and distributor of armored vehicles.
- A $6 million senior secured revolving line of credit for a provider of product renewal and reverse logistics.
- A $5 million Senior secured revolving line of credit for a designer and manufacturer of tables and chairs for the healthcare, education and corporate sectors.
- A $3 million SBA 7A real estate loan provided by an SBA lender for the same furniture manufacturer listed above. The deal closed within 29 days from inception.
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All credit facilities were used to refinance existing debt and provide additional working capital. Concord served as the exclusive financial advisor to all three companies.