Big Shoulders Capital, an asset-based lender, funded a $3.7 million senior secured machinery and equipment term loan for a Manufacturer in Colorado. Big Shoulders was able to provide working capital for the borrower by unlocking the equity in the company’s machinery and equipment. Big Shoulders Capital is glad to support a company with over 160 important regional jobs and that develops important products for large private and public organizations.
By working closely with the company and its advisory team, Big Shoulders was able to close and fund the transaction on an accelerated basis. Big Shoulders is actively seeking similar middle-market opportunities to acquire distressed debt or finance companies in transition.