$6 million in Mezzanine Financing
Capital Business Solutions was engaged by a growth oriented company in the hospitality industry to raise outside capital to accommodate accelerated annual revenue growth from $32 million to $80 million in a two year period. While very profitable the company could not generate enough internal working capital to finance this growth.
CBS was success in obtaining a term sheet from National Lender for $6 million in mezzanine financing with single digit interest amortized over five years enabling the company achieve its goals.