Concord Financial Advisors closed four senior debt transactions in Q2/20, including:

  • A $21 million senior secured revolving line of credit for a global designer, manufacturer and distributor of armored vehicles.
  • A $6 million senior secured revolving line of credit for a provider of product renewal and reverse logistics.
  • A $5 million Senior secured revolving line of credit for a designer and manufacturer of tables and chairs for the healthcare, education and corporate sectors.
  • A $3 million SBA 7A real estate loan provided by an SBA lender for the same furniture manufacturer listed above. The deal closed within 29 days from inception.

All credit facilities were used to refinance existing debt and provide additional working capital. Concord served as the exclusive financial advisor to all three companies.