Hi-Tech Electronic Manufacturer
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Hi-Tech Electronic Manufacturer
$ 1,500,000
Manufacturing
MidwestClient: Hi-Tech Electronic Manufacturer
Situation: Foreign-owned company had US presence, but no operational or support staff in the US.
Need: Client sought acquisition financing to assist in the purchase of this entity and incorporate in the US.
Solution: The combination of factoring the target’s A/R and the unencumbered A/R of one of their other holdings provided the necessary funds to complete the acquisition within two weeks of being introduced to the deal.