Financing for Food Manufacturer
A manufacturer of a branded food product line sought financing for expansion. We negotiated additional bank funding, and negotiated a joint venture arrangement with a substantial equity infusion to create a growth vehicle for the company. With this new structure, the company is positioned to market its products nationally.
Commodities Exporter Needing Working Capital
A commodities exporter was seeking a working capital line to expand his business. We made several bank presentations and performed an acquisition along the way to executing a $2 million credit line. This involved setting out a clear business plan for expansion and winning the confidence of the bankers who are traditionally nervous about commodities businesses.
A sports complex owner had his bank loan called immediately due by an unhappy lender’s lawyers. We worked with the bank to restructure terms of the loan, and generated a profit improvement program, resulting in a reclassification of the loan to ‘normal’ status and reduction in monthly payments through the regular maturity date of the loan.
Restructure of a Fuel Distribution Company
A 50 year-old fuel distribution company found itself in a financial crisis, with ongoing operating losses and an unhappy banker knocking on the door. We were able to reduce costs and restructure the pricing model to enable improved cash flow, and turned the company from unprofitable to profitable. Concurrently we worked closely with the bank to suspend the collection process. Within 12 months the newly profitable company was sold and the owners realized a meaningful profit on the sale.
Negotiation of Sale of Retail Stores to National Player
The owner of three retail stores was seeking an exit through sale of the stores. We performed a valuation and negotiated the sale with a national chain, netting several million dollars in profits to the client. We advised the client on all terms of the deal, all the way through the letter of intent and ultimate execution of the purchase agreement.
New Company Start Up and Financing
A specialty construction executive was seeking start up capital for a new venture. We secured equity capital and also negotiated senior financing to enable working capital and equipment financing to get the company going in less than 60 days. The company was profitable within the first 90 days of operations. We continue to act as the CFO and financial administration arm of this company.