transactions
Charles and Associates provides comprehensive financing options and strategic support for businesses throughout North America. Whether you’re strengthening cash flow, driving expansion, or streamlining working capital, our customized solutions equip your company with the financial resources needed to operate efficiently and thrive in any market conditions.
$10,000,000
Closed a $500K Real Estate Loan in Indianapolis for a long-term client, continuing a seven-year relationship in which C&A has arranged over $10M in financing and facilitated shareholder buyouts.
$1,000,000
Closed a Bridge Loan for a Miami-based cell phone distributor with $170M in annual sales, providing capital to fulfill a major purchase order and arranging funding through a strategic partner, with a $30M permanent facility in progress.
$2,500,000
Closed a $2.5M SBA Loan for an Ohio professional services firm, refinancing legacy bank debt and marking the third financing Charles And Associates has arranged in a five-year relationship.
$850,000
Closed an $850K Equipment Loan for an Ohio-based rental company, supporting growth in a volatile industry despite heavy leverage.
$750,000
Closed a $750K Private Loan for a Kentucky construction company, consolidating 21 creditors including 5 MCAs, reducing debt service, and providing $250K in working capital.
$2,500,000
Negotiated a discounted settlement for a Southeastern US restaurant and hospitality group, reducing $2.5M in bank debt to $500K, resolving Covid-related challenges.
$850,000
Arranged an $850K Second Lien Loan for an East Coast landscaping company to supplement a $15M closing, providing working capital to meet payroll, with a $3M line of credit in progress.
$3,000,000
Closed a $500K Private Loan for a Kentucky consumer products company to fund a new supplier relationship, enhancing margins, with a $2.5M line of credit term sheet also delivered.
$350,000
Closed a $350K Private Loan for an Ohio manufacturer to maintain operations and attract new customers, marking the fourth financing C&A has arranged in five years.
$2,500,000
Closed a $2.5M Credit Facility for a Cincinnati-based medical software and hardware company, refinancing an SBA loan, providing $1M in working capital, and marking the third transaction C&A has arranged over six years.
$1,000,000
Closed a $1.0M SBA Add-On Loan for an Indianapolis staffing company, marking the fifth financing C&A has arranged over five years, supporting growth for a $55M+ revenue business expanding 20% annually.
$4,500,000
Arranged a discounted $13.2M note sale for a Southeastern health club chain, reduced to $4.5M amid Covid-related cash flow issues, with refinancing planned later this year.
$8,000,000
Closed an $8.0M Financing for an Ohio professional services firm, reducing rates to 3% and cutting personal guarantees, marking the third transaction C&A has arranged in four years.
$2,100,000
Closed a $2.1M SBA Loan for a Kentucky consumer products company, refinancing stale AP and high-rate mezzanine debt while providing $1.1M in working capital, marking the second C&A transaction with the borrower.
$1,610,000
Closed a $1.61M LOC and REM for an Ohio medical software company, refinancing prior debt and providing $750K in additional availability, marking a long-term C&A relationship dating back seven years.
$8,000,000
Restructured an $8.0M financing for a professional services firm, extending a $2.5M term loan for four years at a fixed 2.58% rate, optimizing the borrower’s capital structure.
$70,000,000
Closed a $44M Credit Facility for a $500M auto dealer in Kentucky and Tennessee, reducing annual interest by over $1M and providing more aggressive advance rates, with an additional $16M facility in progress.
$8,750,000
Closed an $8.75M Credit Facility for a Midwest paper distributor, negotiating a discounted settlement on $10M debt and providing takeout financing secured by AR, inventory, and real estate.
$17,500,000
Closed a $17.5M Add-On Financing Package for a Kentucky auto dealer, including a $1.5M cash flow loan at 2.6%, bringing total C&A-arranged financing for the client to $61.5M and enabling exit from a challenging lender relationship.
$1,000,000
Closed a $1M credit facility for a medical startup, priced at 5% floating, despite no profit in its first 6 months. The deal was financed by a nationwide bank with a medical lending group.
$9,700,000
Closed a $9.7M acquisition loan for a Kentucky auto dealer group to buy a Chrysler dealership in its target market. With over $70M in financing for this customer, we're proud to be part of their successful turnaround.
$1,000,000
Closed a $1M bridge loan for a 500+ room hotel to settle aged AP and maintain its flag status. We're negotiating a $12M mezzanine loan to address legacy COVID issues.
$1,500,000
Closed a $1.5M ABL credit facility for a Michigan-based machine/parts manufacturer with 70% of AR aged over 90 days and no profitability. The borrower, owned by a foreign entity with no personal guarantees, was in workout with a national bank, but had significant equipment value.
$3,000,000
Closed a $3M bridge loan for a Kentucky nonprofit, secured against a receivable due in July 2023. This marks the fourth transaction with the borrower, and the deal was committed by a private lender in three weeks.
$300,000
Closed a $300k senior debt LOC for an Ohio golf cart dealer, overcoming the owner's personal tax and loan issues with a regional bank.
$800,000
Closed an $800k subordinated loan for a struggling Florida manufacturer, paving the way for a $10M LOC with asset-based lenders.
$1,500,000
Closed a $1.5M SBA loan for an Atlanta staffing company, paying off high-interest debt and providing $500k in working capital.
$500,000
Closed a junior debt loan for a Wisconsin auto parts supplier to catch up on late accounts payable, building on a nine million dollar ABL facility previously arranged.
$500,000
Closed a hard money real estate loan for a heavy equipment broker with irregular cash flow and delinquent taxes, providing financing where conventional lenders could not.
$3,200,000
Closed a $3.2M SBA loan for an Ohio safety products distributor, cutting monthly payments from $137k to $20k, paying down Accounts Payable, and adding a $1.8M LOC.
$9,000,000
Closed a $9M mezz debt loan for a California infrastructure company, enabling a stock buyout of former owners. Referred by a U.S. investment bank, the deal was funded by a UK-based fund with Toronto offices. The management team now owns a company valued at $60M, up from a $12M buyout in 2017.
$250,000
Closed a $250K junior debt deal for a Maryland dentist to settle mechanics liens after the GC took the money and ran during construction. The dentist is suing the GC but needed to
clear the liens.
$5,000,000
Closed a $5M LOC for an Ohio professional services firm, collateralized by AR with no personal guarantees. A longtime client, the borrower overcame a workout with a regional bank five years ago. C&A has $48M in transactions under review, mostly for clients in bank workout departments.
$2,500,000
Closed a $2.5M subordinated debt loan for a large bakery in the southwestern USA, consolidating high-rate MCAs, providing additional working capital, and saving the company $30K per week through lower rates and extended amortization.
$1,200,000
Closed a five hundred thousand dollar loan for an Ohio/Michigan home services franchise, consolidating all debt and replacing an onerous MCA loan. A $1.2 million SBA loan is currently in progress.
$1,300,000
Closed a $1.3M Real Estate Loan for an Indiana machine tool business, clearing back taxes, exiting a seven-year bank workout, and providing $175K in working capital.