Case Study · Industrial manufacturing
Regional manufacturer secured $2.4M bridge financing in 11 days
A mid-Atlantic packaging manufacturer needed bridge capital to cover a supplier prepayment after a bank line was paused mid-quarter.
Capital sourced
$2.4M
Days to close
11
Lenders engaged
4
Term sheets received
2
Situation
A packaging manufacturer had a supplier demanding a $2.4M prepayment to lock in resin pricing ahead of a tariff change. The company's primary lender paused new draws while a covenant question was being resolved. The window for the supplier deal was eleven business days.
Approach
The firm built a one-page lender brief the same afternoon and circulated it to four asset-backed lenders that had funded similar deals in the prior twelve months. Within seventy-two hours, two term sheets came back. The firm negotiated the rate down twenty basis points and walked the borrower's CFO through diligence.
Outcome
Funds wired on day eleven. The supplier deal closed at the locked price. The borrower kept the bridge line open as a standing facility for future inventory cycles.
Same service line