Alantes Secures a $11,500,000 Term Loan for Entertainment Services Company

About the Company

The Company brings over 40 combined years of experience to the industry. The Company aims to provide top notch service and be the best service provider in its class in the industry. The Company services top-tier production companies and studios such as Netflix, Amazon, Hulu, Paramount and Sony for their Television, Feature Film, Commercial and Streaming productions. They provide top-of-the-line out-of-the-box and customized production solutions and continue to grow both in reputation as well as inventory and expertise.

Situation

With the always improving quality of cinema and film and changing technology, the demand for quality assistance is always in constant flux. The Company sets itself apart from the industry with its unparalleled customer service, industry knowledge, experience and product depth. However, with the ever-growing list of clients, the Company found itself needing additional working capital in order to purchase new products to service new orders.

Solution

Alantes secured a $11,500,000 term loan based on the company's existing equipment. The facility was initially contemplated to replace a small portion of their debt but Alantes was able to underwrite and secure a complete refinance of the existing debt which would consolidate outstanding debts, provide working capital and allow more flexibility for future growth. “We couldn’t be more appreciative and satisfied with the end result,” said the President and CFO. “The financing process can be long, confusing and mercurial but Alantes really helped make sure that we were on the same page every step of the way. Their flexibility in coming up with unique, catered solutions really came in clutch at the final hours.”

About Alantes

Alantes Corporate Finance (“Alantes”) specializes in capital raises and strategic advisory for small to middle market businesses across the nation. Our team prides itself on our ability to provide unique solutions for all of your business needs. Whether you're looking to acquire a new company or additional working capital for operations, Alantes is your trusted source for business growth and expansion. Our multi-faceted approach allows us to craft creative solutions that adds value at the most critical junctures so you can focus your resources on core business activities.

For more information on this transaction, contact Alantes Corporate Finance at info@alantes.com

Alantes Corporate Finance, LLC
510 5^th Avenue, 3^rd Fl
New York, NY 10036
www.alantes.com