Concord Financial Advisors announced it secured $7 million in senior credit facilities for a private equity sponsored branding and payment processing company. The facilities are comprised of a $3.5 million revolving line of credit and a $3.5 million cash flow term loan. The debt is being used to refinance the company's existing credit agreement and to fund working capital.
Middle-market companies seeking access to debt capital require a trusted advisor to help them navigate the often convoluted financing process. Concord's clients rely on our broad financial expertise and deep relationships with a wide range of capital providers in offering tailored debt financing solutions that result in significant savings of time and money for our clients. Concord has closed over 90% of its retained assignments and more than 140 successful transactions totaling over $1.2 Billion since its inception in 2001.