Cornerstone Business Credit recently funded a multi-million-dollar asset acquisition for a company in the eyeglass industry.
The management team acquired the assets of a 50+-year-old business sold by its secured bank lender through an Article 9 sales process. The transaction was structured by and referred to Cornerstone by a national turnaround management consulting firm. Cornerstone quickly approved a line of credit and supported the buyer through an extended negotiation and sale process.
