Concord Financial provided a $7.5 million senior secured revolving line of credit to a supplier of specialty resin located in the Southeastern United States.
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The line of credit was used to refinance the company’s existing debt and support working capital.
Concord served as the exclusive financial advisor to the company on the transaction.
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Concord Financial has closed over 95% of its retained assignments and more than 170 successful transactions totaling over $1.6 billion since its inception in 2001.
