FGI Finance announced that it closed 10 new deals in the last six weeks of 2012.
These transactions varied in size and complexity, as FGI provided increased funding to small-capital domestic businesses and multi-jurisdictional financing to larger international companies. An expert in both domestic and foreign asset-based lending and receivables financing, FGI was able to widen clients’ credit facilities and increase their access to capital. FGI’s clients are now able to capture growth opportunities in their respective markets. A few of the deals are listed below:
O'Sullivan Communications $2,000,000
A multi-national printing and translation company with offices in both the UK and US, FGI was able to get the funding the company needed in order to expand on an international level. Through trust and attention to deal momentum, FGI was able to deliver both working and growth capital.
IC Intracom $5,000,000
FGI was able to provide the US based distributor of peripherals and accessories with the multi-jurisdictional financing arrangements the company required. The capital from FGI will support the company’s growth initiatives, including new distribution agreements with its major distributors.
Open Date Equipment GBP1,000,000
FGI provided financing for the acquisition of this manufacturer and distributor of industrial printing equipment in 4 separate jurisdictions and was able to secure the capital needed quickly and effectively.
"These deals closed in Q4 2012 underscore FGI’s ability to finance a vast array of complex transactions in an incredibly short amount of time. There is no question as to our position within the asset-based lending and commercial finance industry,” says David DiPiero, president and CEO of FGI. “We look forward to continuing our current relationships and developing new ones in the upcoming years.”
FGI Finance, a division of FGI, is a global commercial finance firm with clients in over 60 countries around the world. FGI helps middle-market companies by providing them with various financial products, business loans, and financial services to meet their financing needs.