Note purchases and bank loan refinancing
Debtor-in-possession (DIP) loans
Machinery & equipment term loans
Inventory, accounts receivable, and working capital loans
$1.5 Million Note Purchase
Paving & Sealing Company in Virginia
PPL Group constructed a win-win transaction between a fatigued lender and a distressed borrower by purchasing $1.5MM of non-performing loans secured by machinery and equipment plus industrial real estate. Our solution allowed the bank to exit a lengthy bankruptcy process.
$4 Million Term Loan Refinance
Sawmill in Alabama
After the company defaulted on its loan with a traditional lender, PPL Group partnered with an alternative working capital lender to refinance the company’s term loan. Our financing enabled the company to implement key operational imrpovements that resulted in a return to profitability.
$1.5 Million Loan & Refinancing
Tool & Die Manufacturer in Wisconsin
PPL Group leveraged our equipment valuation expertise to tap into value a traditional lender did not understand. We worked with a regional bank to provide an M&E term loan, proceeds from which paid down the lender’s line of credit and created additional availability, which the borrower used to fund operations and implement its turnaround plans.
$1.5 Million Acquisition Financing
Aluminum Rolling Mill in North Carolina
PPL Group provided a complementary M&E loan alongside a regional bank’s traditional borrowing base line of credit (receivables and inventory). Our solution was critical in providing the additional liquidity that supported an independent sponsor’s acquisition of the company.