BRG Capital Advisors advised Atlys Global Finance on a $500 million committed senior debt facility with a large institutional investor. The facility was used for Atlys’ federal contracting financing program (FCFP).
FCFP provides immediate access to capital through a revolving credit line to contractors that have performed government-approved work in the disaster recovery space. The funding vehicle allows contractors the ability to procure work without the worry of being able to carry project costs for extended periods of time.
“This partnership will leverage our years of experience serving the disaster recovery industry and provide much-needed capital to areas around the United States that are rebuilding after a natural disaster,” Frank Robinson, president of Atlys Global Finance, said. “We are positioned to be the leading provider of capital to contractors that are rebuilding disaster areas.”