Veritas Financial Partners has completed an $8 million financing for a food packaging company based in Tennessee. The company hit a wall with its current bank and needed a comprehensive solution to propel it forward. Veritas delivered:

• A tailored working capital solution maximizing availability based on the company’s sales cycle.
• One of its SBA partners to provide 100% equipment financing on $4 million of new manufacturing equipment.

Veritas closed the transaction within 54 days, allowing the borrower to focus on opening its new manufacturing facility.
 
As the portfolio company of a $1.5 billion asset manager, Veritas has a substantial long term capital base and is ready to lend. Veritas targets $2 million to $10 million credit facilities, and routinely structures larger transactions.