United Capital Partners Sources $12MM approval in Venture Debt

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.

https://www.pr.com/press-release/764800