KCP Advisory Group announced the debt refinancing of a specialty apparel manufacturer. This refinancing of secured debt provided the necessary working capital support for the company to continue to serve its customers, to pursue new opportunities with strategic partners and continue on the road to improved operations and sales growth.
KCP provided the support and analysis essential to securing a new line of credit for the company. In addition, KCP advised the company on solutions to improve distribution, strengthening the company’s bottom line.
“The past several years have been particularly harsh for this industry,” KCP managing director Chris Creutz said. “It is a pleasure to be a part of the revitalization of such a well-respected, longstanding player in this niche and we look forward to continuing to assist this great management team in its future success.”
KCP Advisory Group provides financial advisory, corporate restructuring and business performance improvement services to lender, investor, legal and corporate stakeholders.