Houston, TX, September 14, 2018 --(PR.com
)-- A high growth customer in the Food and Beverage sector in need of $12MM in non-dilutive growth Capital. The debt proceeds were needed to purchase new modernized production equipment for their manufacturing facility. These upgrades would increase production cycles to help support the significant demand for the customers product.
United Capital Partners was able to source an approval for a multi tranche, master equipment lease line of $10MM and $2MM in working capital.
The debt allows the entity to hit projected milestones without dilution and bridge the entity to a significant equity round in early 2019 with a higher valuation created by the non-dilutive debt that United Capital Partners was able to get approved.
About United Capital Partners: United Capital Partners works with a team of finance professionals with an average twenty years of experience in funding equipment leasing, working capital loans, revolving lines of credit and bridge debt. We work closely with each of our clients and investors to provide tailored, innovative finance products to support their current and future capital requirements. United Capital Partners can offer a wide array of products that will enable us to support emerging growth companies, established businesses and companies that are working through trying times. Whether your business needs a lease line of credit to support capital equipment acquisitions, working capital to support continued growth, senior debt or mezzanine debt, United Capital has a solution for you.
Business Development Officer