US Capital Partners Provides $5 Million for Imaging Solutions Company
US Capital Partners, LLC has structured and put in place optimal refinancing for an expanding business in the North American imaging industry.
SAN FRANCISCO, MARCH 2013 – US Capital Partners, LLC has provided a $1 million accounts receivable line of credit and a $4 million term loan for a successful acquirer of imaging technology solutions companies in North America (the “Company”). US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equity placements for small to lower middle market companies.
“This expanding Ohio-based business, which was aiming to make further strategic acquisitions, was seeking funding to refinance its existing debt and to support its current and future working capital and growth capital needs,” said Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “We are extremely pleased to have successfully structured and provided a $5 million credit facility for this Company, which consisted of an accounts receivable line of credit and an expansive growth-capital term loan.”
“At US Capital Partners, we look at every aspect of a business and design an optimal and custom financing solution for our client quickly and efficiently,” added Charles Towle, Director at US Capital Partners. “In this case, we put together a financing package that allowed the Company to keep growing while servicing its existing debt. This allowed the Company to continue taking full advantage of upcoming strategic growth opportunities in its sector.”
About the Company
Since 1989, this expanding Ohio-based business has been successfully acquiring and integrating well-managed office and wide-format imaging technology solutions companies that are leaders in their local markets across North America. The Company’s three main business lines include printing equipment maintenance and service, printer equipment leasing with third-party financing, and sales of printers, scanners, copiers, and other imaging equipment. Through its strategic acquisitions, the Company has grown to become one of the largest value-added resellers in the market.
About US Capital Partners, LLC
Since 1998, US Capital Partners (www.uscapitalpartners.net) has been providing prompt, innovative, and reliable financing solutions including lending, equity financing, and debt re-structuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt 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.