$13MM financing over nine schedules and two years

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