US Capital Partners Inc. has refinanced an expanding worldwide distributor of educational publications and personal care products.
SAN FRANCISCO, May 2015 – US Capital Partners Inc. has provided a $1.5 million asset-based line of credit for an expanding distribution business headquartered in the Northeastern United States. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and underwrites debt and equity private placements for small and medium-sized businesses.
“We are extremely pleased to have provided this $1.5 million accounts receivable and inventory line of credit for an expanding global distributor of educational publications and personal hygiene products,” said Jeffrey Sweeney, Chairman and CEO at US Capital Partners. “The company approached US Capital Partners to refinance an existing bank loan and put in place a more flexible, scalable asset-based facility. US Capital Partners was able to provide a line of credit that provides additional working capital for this expanding enterprise and better supports the ongoing growth and payables management of the business going forward.”
About the Company
This Northeast-based distributor provides both educational publications and personal care products to a wide range of customers across the United States and abroad. The company offers a comprehensive suite of book and multimedia services for public, academic, government, and specialty libraries worldwide. The company also provides DVDs, CDs, and electronic books ordered directly from publishers or wholesalers. Its personal care products division offers a wide array of products, including health and hygiene kits customized to order.
About US Capital Partners Inc.
Since 1998, US Capital Partners (www.uscapitalpartners.net) has been providing well-structured, custom financing solutions to private and public companies with $5 million to $100 million in sales. Headquartered in San Francisco, US Capital Partners is a full-service private investment bank that makes direct debt investments between $500,000 and $30 million, participates in debt facilities, and underwrites debt and equity private placements. The firm also offers financial advisory services for buy-side and sell-side engagements and for capital formation, including early-stage financings requiring equity or debt.
To learn more about how your business can secure the funding it needs, email Jeffrey Sweeney, Chairman and CEO, at email@example.com or call (415) 889-1010.