US Capital Partners Provides Multi-Million Dollar Credit Facility for Industrial Minerals Company
US Capital Partners, LLC has put in place scalable financing for an expanding, privately held industrial minerals corporation.
SAN FRANCISCO, JUNE 2013 – US Capital Partners, LLC has provided a multi-million dollar accounts receivable line of credit for a well-established and expanding corporation engaged in the mining, processing, marketing, and distribution of commercial-grade minerals. 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.
The industrial minerals corporation, which serves customers throughout the West, Midwest, and Canada, has strategic plans to expand its processing capabilities and take advantage of new market opportunities, not only in the United States but also in Asia. The new financing by US Capital Partners will be used to pay down a seller note and support the company’s growing working capital needs.
“We are extremely pleased to be supporting the current and future working capital needs of this expanding business,” said Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “The company approached us for a scalable accounts receivable line of credit and an equipment term loan for a management buyout. So far, we have provided an initial multi-million dollar line of credit, and we look forward to supporting the company’s growth further in future.”
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.
To learn more about how your business can secure the funding it needs, email Jeffrey Sweeney, CEO and Managing Director, at jsweeney@uscapitalpartners.net or call (415) 889-1010.