Commercial Printing & Specialty Packaging

printingheader

$1,200,000

Working Capital Line of Credit secured by Accounts Recivable and Inventory

Commercial Printing & Specialty Packaging

The company is a commercial printing and packaging company in Memphis,TN. The company fell on hard times due in part to the recession and in part to shifts in their industry. However, they have resolved their issues and are on the road to recovery. Southeastern worked with the company’s management and turnaround professional to develop a solution. As a result of these collaborative efforts, Southeastern was able to provide a financing solution that included a larger credit facility for the company and more borrowing availability by adding an inventory component to the company’s borrowing base. This combination has provided the company with the additional working capital crucial to their turnaround strategy while providing support for new business in the company’s pipeline.