DENVER, MARCH 2015 – Ultegra Financial Partners, Inc. has provided a $325,000 unitranche facility for a rigid hull inflatable boat manufacturer and retailer. Ultegra 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 boat manufacturer came to Ultegra looking for capital to help with their current operations as well as to acquire new equipment and machinery, including marine grade aluminum and specially made boat bottoms for smooth rides. The company prides itself on providing the most reliable and safe inflatable boats in the world by utilizing the latest machinery and technology.
Muhammad Howard, Managing Partner of Ultegra, states, “Naiad is a company that consistently proves it’s high-level of service and execution,” said “Our flexibility with our funds and financing structures allowed us to identify key growth stages in the company’s trajectory where our money would be best put to use. Naiad proved to be a prime opportunity to provide capital in multiple phases that would allow them to utilize the funds to its maximum potential.”
Ultegra was able to successfully provide the inflatable boat retailer with a $200,000 short-term cash flow loan to help simplify operational costs in addition to a $125,000 term loan to acquire additional machinery and equipment that would allow them to enhance their metal cutting operations. As a result, the company was given the flexibility needed to expand comfortably until future funding allowed further expansion. Ultegra is finalizing the last stages to provide an additional $500,000 in working capital to insure exponential growth and stability for the future and a $1M machinery and equipment term loan to refinance and restructure existing debt by leveraging currently owned equipment.
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 firstname.lastname@example.org or call 1-303-292-0390.