$1 Million Combination Term Loan & Accounts Receivable Line of Credit
A California based commercial printing company which specialized in the manufacturing of adhesive wine labels.
The company had recently expanded from printing wine labels to providing printing services for makers of soft drinks and food products. This expansion had led to a decrease in liquidity. Their previous bank ratcheted down their advance rates and insisted the company pay off their note and find a new lender.
Business Capital worked with lending partners to successfully structure a financing solution, pay off the company’s previous line of credit and recapitalize the company to enable it to achieve future growth plans.