The Customer:
Privately Held Global Manufacturer of Consumer Packaging Solutions
The Complexity:
- Multiple co-lessees in two countries
- Immediate parent in Europe
- Ultimate Private Equity ownership
- No parent guarantee
- Signers on two continents
- Extensive progress fundings
- Equipment located in U.S., Canada, and Mexico
- Foreign currency exchange and foreign vendors
- Lender blanket liens on subject
- Equipment shipped overseas
- Evolving credit issues at the lessee level
The Clarity
- Able to complete a proper evaluation of the obligors in order to provide the credit facility
- Dedicated Client Service Team managed multi-party document negotiations with attorneys and signatories in U.S. and Europe
- Responsive to funding requests from $200K to $4.7MM
- Establish Master Lease Line credit facility and documentation for ease and responsiveness
- Deep experience managing complex progress funding to manage deliveries, installations, and fundings for the client