Concord Financial Advisors announced the closing of a $5 million senior secured revolving line of credit for West Chicago-based Concrete Structures of the Midwest. The company specializes in cast-in-place concrete construction and design for airport runways, highways, high-rise buildings and specialty flooring.

Concord created a detailed memorandum featuring the company’s industry position, strong ownership and management team, and increased market share. Concord drew on its team’s more than 100 years of experience to identify multiple bank and non-bank financial institutions that were comfortable with the industry.

After conducting a targeted search process that generated multiple proposals, Concord secured an attractive loan structure from a local bank that met all of the company’s financing objectives.