Concord Financial provided an $18 million senior secured revolving line of credit to a specialty piping manufacturer based in the Midwest.
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The funding will be used to refinance existing debt and support working capital.
Concord served as exclusive financial advisor to the company for this financing.
Concord offers tailored debt financing solutions that result in significant savings of time and money for its clients. It has closed over 95% of its retained assignments and more than 160 successful transactions totaling over $1.5 billion since its inception in 2001.
