BizCap® Facilitates Aechelon Technology’s Multimillion-Dollar Line of Credit
BizCap® Facilitates Aechelon Technology’s Multimillion-Dollar Line of Credit
San Franciso, December 19, 2023 – BizCap®, a commercial finance firm established in 2002, is proud to announce its successful collaboration with Aechelon Technology, Inc., a leader in immersive visualization technology. For over 25 years, Aechelon has provided real-time computer graphics systems for flight training, simulation, and entertainment markets. BizCap® helped the company navigate debt capital markets to refinance its incumbent bank with a new credit facility better aligned with its operating cycle.
“BizCap® devoted substantial time and resources to analyzing our company’s business model and financing goals, effectively underwriting and marketing the transaction to targeted lenders,” said Ignacio “Nacho” Sanz-Pastor, President and CEO of Aechelon Technology. “They secured multiple term sheets, negotiated favorable credit terms tailored to our sales cycle, and facilitated critical meetings between our executives and the credit decision-makers at Banks. When urgent refinancing was needed, BizCap® swiftly delivered exceptional results.”
Chuck Doyle of BizCap® stated, “Partnering with Aechelon Technology to secure financing was an absolute pleasure. Their commitment to excellence and forward-thinking approach made the process seamless. Their track record and vision for growth are truly impressive. It was an honor collaborating with such a dedicated and visionary team.”
About BizCap®
BizCap® (Business Capital since 2002) is a time-tested national commercial finance and advisory firm specializing in securing customized non-dilutive credit-based solutions for rapidly growing as well as challenged middle market companies nationwide who require unique, timely and tailored financing structures to address their particular needs, especially when conventional sources of capital are not an option. BizCap® is a proud supporter of Team IMPACT, a national nonprofit that connects children facing serious and chronic illnesses with local college athletic teams, forming life-long bonds and life-changing outcomes.
Media Contact: Kylie Whetsel, kwhetsel@bizcap.com
Business Inquiries: Chuck Doyle, cdoyle@bizcap.com