DENVER, FEBRUARY 2015 – Ultegra Financial Partners Inc., has provided a term loan for a human resources firm specializing in cutting-edge solutions for the business world. Ultegra Financial Partners is a private investment bank that directly invests, participates in debt facilities, and arranges equity placements for small to lower middle market companies throughout the United States.
The Human Resource firm came to Ultegra looking to leverage their accounts and receivables to gain additional capital to grow their business. They were in a significant growth phase and needed assistance to execute on previously negotiated contracts, however, the firms tax liabilities prevented them from receiving the traditional forms of financing.
Ultegra has secured a $3.5M revolving line of credit along with a $1M term loan facility, which allowed the firm access to capital, enabling them to expand further. While most lenders only leverage existing accounts receivable, Ultegra’s unique underwriting allowed them to provide financing inclusive of future contracts and, additionally, to expand the borrowing base for the facility. Furthermore, Ultegra negotiated multiple tax pay-offs with thirteen different states and structured a comprehensive payment plan that would resolve tax liabilities, positioning the firm for significant financing opportunities and future growth.
ABOUT ULTEGRA FINANCIAL PARTNERS
Ultegra Financial Partners specializes in providing merchant banking and lending solutions for small to middle-market companies. Our leadership team and carefully selected business partners bring to the market, unrivaled experience from the financial and business services industries. We serve as a direct lender from our Ultegra Fund, co-lender, and lead financial arranger.
If you would like to know more about how your business can secure the funding it needs contact, Mo Howard CEO / Managing Director, at email@example.com or call 1-303-292-0390.