recent
transactions
Charles and Associates delivers a full spectrum of financing solutions and strategic guidance to businesses across North America. From improving cash flow to fueling growth and optimizing working capital, our tailored strategies ensure your business has the capital resources it needs to run smoothly and succeed in any environment.
$3,850,000
Closed a $3.85M hard money real estate loan for a European-owned Ohio manufacturer, removing personal guarantees and preventing foreclosure after the borrower was forced to exit a major regional bank.
$2,500,000
Closed a $2.5M MCA Consolidation Loan with $500K in working capital for an Ohio-based Drivers Education company, reducing eight high-interest MCAs from $220K per month to $81K at 13% interest. The financing averted bankruptcy and provided critical relief for the borrower.
$2,000,000
Closed a $2M ABL credit facility for an Ohio manufacturer with a Mexican production site, replacing the existing lender while executing a management-led buyout. Despite multiple moving parts, the deal closed in just 30 days, leaving the borrower very satisfied.
$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.
$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.
$3,100,000
Closed a $3.1M SBA loan for an Ohio start-up printing company, led by an experienced team with lucrative contracts.
$1,800,000
Closed a $1.8M credit facility for an Ohio bagel bakery producing 24,000 bagels per hour. The funding helped them exit a workout with a regional bank and recover from rising costs as price increases took effect.
$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.
$2,000,000
Closed a $2M Asset Based Loan for an Ohio corporate promotions company, delivering a new line of credit in three weeks after the incumbent bank declined to extend financing.
$500,000
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.
$1,800,000
Closed a $1.8M credit facility for an Ohio bagel bakery producing 24,000 bagels per hour. The funding helped them exit a workout with a regional bank and recover from rising costs as price increases took effect.
$3,100,000
Closed a $3.1M SBA loan for an Ohio start-up printing company, led by an experienced team with lucrative contracts. Over $50M in deals are set to close in the next two months.
$1,000,000
Closed a $1M unsecured line of credit for a Kentucky-based oil heiress, providing funding to support a business nearing profitability. The deal was driven by a private banker in Louisville who aggressively pursued the opportunity.
$5,100,000
Closed a $5.1MM credit facility for an Ohio-based mulch manufacturer, including an LOC, equipment term loan, and real estate loan, refinancing debt priced as high as 36% and securing $1MM in fresh working capital through a regional bank after the borrower outgrew its community lender.