Lawrence Financial Group provided $135 million in financing during the first three quarters of 2021, with transactions including lines of credit, subordinated debt, purchase order funding, term loans, inventory facilities, floor plans and factoring lines.
Transaction Highlights
- A $20 million revolving loan facility for a distributor of motor oil to convenience and grocery stores
- $12.5 million sub-debt supplied for an e-commerce concern selling office products
- A $12 million purchase order facility provided for a manufacturer/distributor of energy snack bars
- $10 million in floor plan financing for a distributor of school busses in the Midwest
- A $9.5 million revolving line of credit for an internet marketing and advertising operator
- $8.5 million in financing for a frozen food manufacturer and distributor
- An $8 million factoring line made available from a joint venture with FSW Funding to an operator of corporate housing for relocated business executives
- A $7.5 million bank loan for a manufacturer and distributor of candy and snack brands.
- A $7.5 million revolving line of credit for a co-packer of brand name energy and snack bars
- A $6.5 million financing facility for a textile manufacturer and distributor
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