Concord Financial Advisors, LLC Announces the Closing of Four Senior Debt Transactions 2Q of 2020

In the midst of the Covid-19 pandemic and uncertain economic forecast, Concord Financial Advisors, LLC announces the closing of four senior debt transactions in the second quarter of 2020.

1.           $21.0MM Senior Secured Revolving Line of Credit for a global leading designer, manufacturer and distributor of armored vehicles.

2.           $6.0MM Senior Secured Revolving Line of Credit for an industry leader in product renewal and reverse logistics.

3.           $5.0MM Senior Secured Revolving Line of Credit for a leading designer and manufacturer of tables and chairs for the healthcare, education, and corporate sectors.

4.           $3.0MM SBA 7A Real Estate Loan provided by an SBA Lender for the same furniture manufacturer listed above. The deal closed within an unprecedented 29 days from inception.

All credit facilities were used to refinance existing debt and provide additional working capital. Concord served as the exclusive Financial Advisor to all three companies.

Thomas E. Jones
Managing Partner
tomjones@concordfinancialadvisors.com
Mobile: 312.545.5200

ABOUT CONCORD FINANCIAL ADVISORS, LLC

Concord serves lower middle market companies and equity sponsors as a Debt Placement Agent. Concord has extensive experience, a nationwide network of Lender relationships, and unparalleled results in closing deals. With a 95% success rate and over 170 deals closed, we are celebrating 20 years in business at the end of 2020.

If your business or a business you know has debt financing needs over $2.0MM, call us for a complimentary consultation to explore various financing options in this challenging deal environment.