Capital Solutions, LLC, a provider of asset-based lending solutions, based in Glendale, CA, has expanded its product offerings to include mezzanine financing for companies with at least $10 million in annual sales and EBITDA in excess of $1.5 million.
"Capital Solutions has access to scores of lenders active in the mezzanine market. This means that we match up the funding needs of our customer to lenders with a record of success in the customer's niche," says Capital Solutions' president, Brian Battaglia.
Service companies are excellent candidates for mezzanine financing because their primary assets are accounts receivables, rather than inventory, equipment and real estate. Software companies, staffing companies of all categories, restaurant chains and a variety of other services use mezzanine because they have limited or no assets, yet they have strong cash flow. Manufacturers, distributors and retailers, depending on the strength of their assets, also find mezzanine financing a workable funding option that limits the amount of equity required.
Capital Solutions provides access to working capital by structuring the best source of funding for evolving companies.