Closed deals
Success stories from our clients
Medical Office Building
REFINANCE
AUGUST 2019
COMMUNITY BANK
$5,400,000
CHICAGOLAND AREA
Who’s the client?
We worked with a Midwest based security company that focuses on providing comprehensive security and event management services for sports and entertainment venues. This includes large-scale events and open spaces, as well as developing customized protection and guest services programs for businesses, banks, financial institutions and retail locations.
What was their challenge?
The previous 2 years were rewarding, yet challenging for the company. During that time the company spent a substantial amount of financial resources to expand outside of their home state. Although the company was successful in winning large contracts with customers like their current client base, local unions were unwilling to collaborate with and support the company which inhibited them from fulfilling the full scope of the contracts. The company also experienced some operational difficulties while rapidly expanding. As a result, the large contracts were terminated. The cost of securing the new business and losing the business has caused the company to be over-advanced on its line of credit.
What result did you achieve for them?
We were able to source a bank that was willing to turn the company’s line of credit to a low interest term loan, refinance all debt and provide a new line of credit to allow the company to continue operations.
Who’s the client?
We worked with a Midwest based security company that focuses on providing comprehensive security and event management services for sports and entertainment venues. This includes large-scale events and open spaces, as well as developing customized protection and guest services programs for businesses, banks, financial institutions and retail locations.
What was their challenge?
The previous 2 years were rewarding, yet challenging for the company. During that time the company spent a substantial amount of financial resources to expand outside of their home state. Although the company was successful in winning large contracts with customers like their current client base, local unions were unwilling to collaborate with and support the company which inhibited them from fulfilling the full scope of the contracts. The company also experienced some operational difficulties while rapidly expanding. As a result, the large contracts were terminated. The cost of securing the new business and losing the business has caused the company to be over-advanced on its line of credit.
What result did you achieve for them?
We were able to source a bank that was willing to turn the company’s line of credit to a low interest term loan, refinance all debt and provide a new line of credit to allow the company to continue operations.
Office Furniture Installation Company
LINE OF CREDIT & TERM LOAN
SEPTEMBER 2019
MIDWEST BASED BANK
$ 500 K
CHICAGOLAND AREA
Window Installation Company
LINE OF CREDIT & TERM LOAN
OCTOBER 2019
PRIVATE LENDER
2 DAY CLOSING
CHICAGOLAND AREA
Who’s the client?
We worked with a Midwest based security company that focuses on providing comprehensive security and event management services for sports and entertainment venues. This includes large-scale events and open spaces, as well as developing customized protection and guest services programs for businesses, banks, financial institutions and retail locations.
What was their challenge?
The previous 2 years were rewarding, yet challenging for the company. During that time the company spent a substantial amount of financial resources to expand outside of their home state. Although the company was successful in winning large contracts with customers like their current client base, local unions were unwilling to collaborate with and support the company which inhibited them from fulfilling the full scope of the contracts. The company also experienced some operational difficulties while rapidly expanding. As a result, the large contracts were terminated. The cost of securing the new business and losing the business has caused the company to be over-advanced on its line of credit.
What result did you achieve for them?
We were able to source a bank that was willing to turn the company’s line of credit to a low interest term loan, refinance all debt and provide a new line of credit to allow the company to continue operations.