Lawrence Financial Group finalized seven new loan transactions in Q1/20.
Highlights from Q1/20 include:
- A $4 million revolving line of credit for a company that grows and processes sun-dried tomatoes. The company recently experienced a spike in sales.
- A $3 million working capital financing for an exercise wear manufacturer with online distribution capabilities.
- $2 million funded for a high performance footwear manufacturer, which primarily sells on the internet.
- Lawrence also facilitated a line of credit for a real estate financing firm and sourced four bridge loans to borrowers with limited collateral who found themselves short of operating capital during the COVID-19 crisis.
Lawrence Financial provides capital solutions to middle market companies and also arranges subordinated debt, mezzanine and junior subordinated funding, cash flow and debtor-in-possession loans.