Concord Closes $16.5MM Senior Credit Facilities for General Contractor

Concord Financial Advisors, LLC announced it closed $16.5 million in senior credit facilities for a general contractor.  The financing consisted of an $8 million senior secured revolving line of credit and a $8.5 million letter of credit to refinance existing debt & support working capital.

“We are very pleased with the work Concord did for us. Their organization of our data in their data room was excellent and the CIM they prepared and methodology used to contact lenders to source proposals was clear, concise, and captured the opportunity in a professional manner. Concord’s ability to quickly understand our situation and credit needs was very impressive, and their extensive network of lender relationships is also quite remarkable. We are very pleased with the results and very happy with our new Bank.” - Company CFO