Alternative Financing Case Study: How Imagenetix Secured $1.5 Million to Eliminate Working Capital Constraints and Support Expansion
I recently blogged about our role at US Capital Partners as the Sole Arranger of $1.5 Million Credit Facility for Imagenetix, Inc.
Imagenetix is a California-based public company traded on NASDAQ (Symbol: IAGX). Headquartered in San Diego, the company is a growing innovator of scientifically tested, proprietary bioceutical products. It develops, formulates and markets natural-based, over-the-counter skincare products, topical creams, and nutritional supplements.
Imagenetix was being hindered by working capital constraints. To support its ongoing expansion, the company approached US Capital Partners for a working capital line of credit. The challenge for us was to arrange suitable financing for Imagenetix despite the company’s AR and inventory collateral possessing some retail credit risk.
We were able to successfully arrange a $1.5 million senior secured credit facility for Imagenetix. This included an AR and inventory line of credit, which maximized Imagenetix’s borrowing eligibility and provided the company with the liquidity it needed. As an alternative small business lender, we have particular expertise in underwriting AR and inventory collateral that possesses retail credit risk.
Our innovative approach to small business lending allows us to provide the best financing solutions available, not only for companies in excellent financial condition, but also for companies who may have been refused credit by traditional lenders. As a private investment bank, direct lender, co-lender, and lead financial arranger, we specialize in securing financing for smaller companies that is both intelligently structured and affordable. We provide alternative financing for working and growth capital for small- to middle-market private and public companies.
We are glad to have the opportunity to help Imagenetix reach their financial goals.
Visit our web site to view additional US Capital Partners transactions.
Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, corporate financing, and debt re-structuring to businesses across the United States and abroad. We will give your business the attention it deserves and find the most suitable product for you. We offer true one-stop financing and will work in partnership with you throughout the lending process. 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.