US Subsidiary of Hi-tech Electronic Mfr
US Subsidiary of Hi-tech Electronic Manufacturer
Client: US Subsidiary of Hi-tech Electronic Manufacturer
Situation: Foreign-owned company had US presence but no operational or support staff in the US.
Need: Client sought acquisition financing to assist in the purchase of this entity and incorporate in the US.
Solution: The combination of factoring the target’s A/R and the unencumbered A/R of one of their other holdings provided the necessary funds to complete the acquisition within 2 weeks of being introduced to the deal.