TSL Express Daily News

The Secured Lender

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December 14, 2021

Source: Concord Financial Advisors, LLC

Concord Financial Services announced it served as an exclusive financial advisor an arranged $8 million in senior debt within 45 days for Henry F. Teichmann, Inc., based in Canonsburg, PA. The financing arranged was an $8 million senior secured revolving line of credit to refinance existing debt and provide additional working capital.

“We were pleased to work with Tom Jones and his team at Concord. Because they know the lender landscape so well, Concord was able to walk us through how best to position the company and structure our financing to give us the best outcome in a tough credit environment. Their professionalism and ability to move quickly in getting the transaction completed was outstanding – we were able to close the transaction within 45 days which is very noteworthy in the current market.

We would recommend Concord to any company looking for help with their financing needs.”

-Andrew Sticha, Treasurer, Henry F. Teichmann, Inc.