Financing Opportunities

Distributor

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Debt Refinance

Asset-Based Lines of Credit

$8 Million

Situation

A consumer packaged-goods distributor needed working capital to support a geographic expansion and increasing sales.
The company experienced annual losses due to the capital investment in two new warehouses but interim results showed a return to profitability.
Its long-time banker reached out to BDC Capital to find a solution to raise the existing $3 million conventional line of credit to $8 million while mitigating bank risk.

Solution

BDC Capital provided an $8 million fully-followed asset-based line of credit against accounts receivable and inventory with daily monitoring and field audits.
The bank participated by increasing its commitment from $3 to $4 million with BDC Capital committing to $4 million.

Why Choose BDC Capital

Year Legacy

As America's oldest business development corporation, we bring unmatched experience and proven expertise to every financing relationship.

$2.5

Billion Invested

Our track record speaks for itself—over 8,300 businesses financed and more than $2.3 billion invested in New England's economic growth.

100+

Partner Institutions

Collaborating with over 100 banks and credit unions throughout New England means we have the relationships and resources to structure optimal financing solutions.

Turn growth opportunities into reality

Partner with New England's most experienced business development lender

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(781) 928-1100

Harbor Consulting Group, Inc. is a registered company in the United States, operating under California, USA (Registration No. CA-987654). The company is authorized and regulated by the California Department of Business and Professional Regulation in accordance with the Business Consulting Services Act, License No. BC-123456. All consulting services provided by Harbor Consulting adhere to state and federal regulations, ensuring compliance and ethical business practices.