Cerebro Capital Facilitates Over $100mm in Financings to Middle-Market Companies

Cerebro Capital announced they had recently assisted clients in securing over $100mm in financings.  The technology driven commercial lending marketplace to the lower and middle market assisted companies looking for debt across numerous structures including senior and junior cash flow, asset based, equipment financing, recurring revenue, et al.  Some of the highlights:

$25MM Asset-Based Line of Credit

A $25MM revolving line of credit for a company that develops, markets, and distributes fitness equipment and content. They came to Cerebro looking to replace their existing revolving line of credit with a line that provides additional liquidity and structural flexibility, aiding the company in managing its cash needs.

$25MM Asset-Based Line of Credit

A $25MM asset-based line of credit for a company that operates within the frozen seafood import, wholesale and distribution business. They came to Cerebro to refinance existing bank debt and secure additional working capital.

$3.5MM Equipment Loan

A $3.5MM equipment loan for a trucking company that specializes in hauling bulk materials locally and regionally. They came to Cerebro looking to secure financing for acquisition purposes.

$2.5MM Recurring Revenue Loan

A $2.5MM recurring revenue facility for a SaaS platform company that offers an integrated suite of applications to public education entities. They came to Cerebro looking for financing to support growth initiatives and working capital needs.