Concord Financial Advisors served as exclusive financial advisor on financing for a mine reclamation / construction company in the Midwestern United States. The financing included a $9 million equipment term loan, a $6 million senior secured revolving line of credit and a $2 million capital expenditure line of credit.
The financing was used to refinancing existing debt and support working capital needs.
“Working with Concord Financial Advisors was a terrific experience,” the company’s owner said. “Their team quickly gathered the necessary information, went to market without delay and brought us multiple competitive financing proposals. From start to finish, they closed our transaction in under eight weeks. Their expertise in arranging creative financing solutions — quickly, efficiently and economically is quite impressive — we couldn’t have asked for a better partner.”
