US Capital Partners News: USCP Serves as Co-Lender and Sole Arranger of $3.5 Million Credit Facility for Consensus Orthopedics
At US Capital Partners, we specialize in providing investment banking and lending solutions for small- to middle-market companies. Below is an announcement of one of our recent transactions. As you will see, we are able to serve as a direct co-lender and lead financial arranger. This widens our scope to secure the best possible financing for our clients.
Check out our deal announcement in the ABF Journal.
You can also visit our web site to view additional US Capital Partners News.
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The financing facility will be used for working capital liquidity as well as other general corporate purposes to support the company's continued domestic and international growth. Consensus Orthopedics, Inc. designs, manufactures, markets, and sells orthopedic implant devices worldwide. The new credit facility included a revolving line of credit for both domestic and international assets along with a growth capital term loan for expansion.
“We have continued to turn to USCP to assist us in financing our working capital needs over the past 3 years due to their breadth of experience in asset-based lending,” said Colleen Gray, CEO of Consensus, a medical artificial joint implant manufacturer and distributor. “USCP has successfully structured and financed credit facilities on our behalf that increase our capital availability while decreasing our cost of capital.”
“Bridge Bank is committed to working with great partners like USCP who bring us into quality relationships such as Consensus,” said Lee Shodiss, Senior Vice President and Manager of Bridge Bank’s Capital Finance Division (BCFG). “USCP did an excellent job understanding our underwriting criteria and presenting the deal in a professional and cooperative manner. USCP’s initial underwriting and efficient process was critical in getting this deal closed.”
“We are delighted to secure this financing facility for Consensus with our partners at Bridge Bank,” said Jeffrey Sweeney, CEO and Managing Director of USCP. “Consensus, under the management of Colleen and her team, has successfully executed their operating plan over the last few years. It is a pleasure to serve as a co-lender to support a company’s capital needs that has demonstrated great performance and consistent growth.”
If you would like to know more about how your business can secure the funding it needs, visit http://www.uscapitalpartners.net/ or call (415) 882-7160.
About Bridge Capital Holdings
Bridge Capital Holdings is the holding company for Bridge Bank, National Association. Bridge Capital Holdings was formed on October 1, 2004 and holds a Global Select listing on The NASDAQ Stock Market under the trading symbol BBNK. Visit Bridge Capital Holdings on the web at www.bridgecapitalholdings.com.
About Bridge Bank, N.A. Bridge Bank specializes in providing superior service and customized banking solutions to small and middle-market, and emerging technology business in Silicon Valley, California and the Nation. The Bank’s product offerings include 24/7 internet-based business cash and treasury management, on-line account statement and item imaging, remote deposit capture, commercial lines of credit, growth capital financing, commercial real estate financing, international Export-Import financing and foreign exchange payment services, Small Business Administration 7(a) and 504 loans as an SBA Preferred Lender Participant-accredited direct lender, and factoring and asset-based loans through its Bridge Capital Finance Group. For additional information, visit the Bridge Bank website at www.bridgebank.com.