Aequum Capital is pleased to announce the successful increase and extension of its aggregate credit facilities to $8.5million for a leading U.S.-based manufacturer of specialty nonwoven textiles.
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The transaction reaffirms Aequum Capital's commitment to the borrower, an established company that recently experienced a significant business interruption resulting from a fire at its facility. Recognizing the immediate need for liquidity and capital, Aequum structured a solution that not only provides ongoing working capital but also accommodates the financing of critical replacement equipment and supports future capital expenditure plans.
Aequum's collaborative and entrepreneurial approach with this strategic increase provides the borrower with the necessary financial stability to navigate the recovery period, fulfill customer orders, and resume its growth trajectory without delay.
About Aequum Capital Financial
Aequum Capital Financial is a specialty finance lender providing senior asset-based and cash flow debt facilities of up to $35 million to small and medium-sized businesses across the United States.
For more information, please go to https://aequumcapital.comor contact Geno Ruggles at GenoRuggles@aequumcapital.com.
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SOURCE Aequum Capital Financial LLC
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