US Capital Partners Provides $3 Million Credit Facility for Award-Winning Designer and Distributor of Bicycle Components and Accessories
Private investment bank US Capital Partners, LLC supports rapid domestic and international expansion of leading California-based bicycle designer and distributor.
SAN FRANCISCO, AUGUST 2012 – US Capital Partners, LLC has secured $3 million in financing for a growing California-based designer and distributor of bicycle components and accessories (the “Company”). US Capital Partners is a private investment bank, direct lender, and lead debt and equity financial participant and arranger that specializes in structuring and providing the best available financing for small to lower middle market companies.
“We are delighted to have assisted this rapidly expanding California business,” said Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “The Company approached US Capital Partners to place a scalable accounts receivable and inventory line of credit to support its growing working capital needs. US Capital Partners has successfully secured a scalable $2 million line of credit for the Company together with an additional $1 million term loan to fund growth. The new financing will provide the working capital the Company needs to expand into foreign markets and further its domestic growth plans.”
About the Company
Headquartered in California, the Company designs and distributes bicycle components and accessories throughout the United States and abroad. Its products include custom wheels, high-quality suspension designs, bicycle forks, and carbon frames. The Company also offers a wide range of clothing, accessories, and branded goods. It distributes its award-winning products directly to independent bike retailers and through an international network of wholesale distributors.
About US Capital Partners, LLC
Since 1998, US Capital Partners (www.uscapitalpartners.net) has been providing prompt, innovative, and reliable financing solutions including lending, corporate finance, and debt re-structuring to businesses across the United States and abroad. US Capital Partners is a private investment bank that specializes in asset-based debt and equity financing for small to middle market private and public companies. The company’s innovative approach allows it to provide the best financing available, not only for companies in excellent financial condition, but also for companies that may have been refused credit by traditional lenders.
If you would like to know more about how your business can secure the financing it needs, email Jeffrey Sweeney, CEO and Managing Director, at jsweeney@uscapitalpartners.net or call (415) 889-1010.